{"id":17989,"date":"2019-11-11T19:54:33","date_gmt":"2019-11-12T00:54:33","guid":{"rendered":"https:\/\/iblog.dearbornschools.org\/farhoud\/?p=17989"},"modified":"2019-11-12T21:01:41","modified_gmt":"2019-11-13T02:01:41","slug":"ap-economics-11-12-19","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2019\/11\/11\/ap-economics-11-12-19\/","title":{"rendered":"AP Economics &#8211; 11\/13\/19"},"content":{"rendered":"\n<p>I.&nbsp; Bellwork:&nbsp; on iLearn<\/p>\n\n\n\n<p>II.&nbsp; Objectives:<\/p>\n\n\n\n<p>Discuss monopoly inefficiencies<\/p>\n\n\n\n<p>Construct, analyze, and interpret graphs for monopolies to determine the consumer surplus, producer surplus,and deadweight loss resulting from inefficiency<\/p>\n\n\n\n<p>III.&nbsp; Discussion:&nbsp;&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Review Pages 628-629<\/li><li>Homework<\/li><\/ul>\n\n\n\n<p>IV.&nbsp; Notebook:&nbsp;&nbsp;<\/p>\n\n\n\n<p>A.&nbsp; Monopolies are inefficient because they\u2026<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Charge a higher price<\/li><li>Don\u2019t produce enough<ul><li>Not allocatively efficiency<\/li><\/ul><\/li><li>Produce at higher costs<ul><li>Not productively efficiency<\/li><\/ul><\/li><\/ol>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"562\" height=\"147\" src=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2019\/11\/image.png\" alt=\"\" class=\"wp-image-17995\" srcset=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2019\/11\/image.png 562w, https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2019\/11\/image-300x78.png 300w\" sizes=\"auto, (max-width: 562px) 100vw, 562px\" \/><\/figure>\n\n\n\n<p>B.&nbsp; Figure 62.1 page 624<\/p>\n\n\n\n<p>C.&nbsp; Dealing with Monopolies<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Public Ownership (Govt)<\/li><li>Regulation<\/li><li><a href=\"https:\/\/youtu.be\/LhiyJlI5xa0\">Natural Monopoly and the need for Government Regulation<\/a><\/li><li><a href=\"https:\/\/www.youtube.com\/watch?v=A2ePDt6-k8Q\">Regulating Monopolies (Socially Optimal and Fair Return)- Micro Topic 6.4<\/a><\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>V.&nbsp; Classwork:<\/p>\n\n\n\n<p>Worksheet 4.2 in Module 62 Folder on iLearn<\/p>\n\n\n\n<p>Page 628 Check Your Understanding #1-2<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.&nbsp; Bellwork:&nbsp; on iLearn II.&nbsp; Objectives: Discuss monopoly inefficiencies Construct, analyze, and interpret graphs for monopolies to determine the consumer surplus, producer surplus,and deadweight loss resulting from inefficiency III.&nbsp; Discussion:&nbsp;&nbsp; Review Pages 628-629 Homework IV.&nbsp; Notebook:&nbsp;&nbsp; A.&nbsp; Monopolies are inefficient because they\u2026 Charge a higher price Don\u2019t produce enough Not allocatively efficiency Produce at higher [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95],"tags":[],"class_list":["post-17989","post","type-post","status-publish","format-standard","hentry","category-ap-micro-economics-f2019"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/comments?post=17989"}],"version-history":[{"count":2,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17989\/revisions"}],"predecessor-version":[{"id":17997,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/17989\/revisions\/17997"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=17989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=17989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=17989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}