{"id":18005,"date":"2019-11-14T01:25:19","date_gmt":"2019-11-14T06:25:19","guid":{"rendered":"https:\/\/iblog.dearbornschools.org\/farhoud\/?p=18005"},"modified":"2019-11-14T01:25:22","modified_gmt":"2019-11-14T06:25:22","slug":"ap-economics-11-14-19","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2019\/11\/14\/ap-economics-11-14-19\/","title":{"rendered":"AP Economics &#8211; 11\/14\/19"},"content":{"rendered":"\n<p>I.&nbsp; Bellwork:&nbsp; Graph for a Natural Monopoly<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Page 629 #2<\/li><\/ul>\n\n\n\n<p>II. Objectives<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Explain the meaning of Price Discrimination<\/li><li>Discuss why price discrimination is common when producers have market power<\/li><\/ul>\n\n\n\n<p>III.&nbsp; Price Discrimination Read&nbsp; pages 630-635<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>https:\/\/youtu.be\/1kSk1Hu3TVM<\/li><li><a href=\"https:\/\/youtu.be\/vihuK8JoK14?t=690\">https:\/\/youtu.be\/vihuK8JoK14?t=690<\/a><\/li><li>Figure 63.2 Price Discrimination P634<\/li><li><a href=\"https:\/\/youtu.be\/s3wFJHIuJPs\">Micro 4.8 Price Discriminating Monopoly (First Degree)<\/a><\/li><li><a href=\"https:\/\/youtu.be\/h73HeC-2SbQ\">Second Degree Price Discrimination<\/a><\/li><li>Perfect Price Discrimination<ul><li>The greater the number of prices charged, the lower the lowest price will be resulting in some consumers paying prices near the MC.<\/li><li>The greater the number of prices charged, the more money extracted from consumers<\/li><\/ul><\/li><li>Common techniques for price discrimination<ul><li>Advance purchase restrictions<\/li><li>Volume Discounts<\/li><li>Two Part tariffs<\/li><\/ul><\/li><\/ul>\n\n\n\n<p>IV.&nbsp; Classwork<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>P635 1-2 and 1-5<\/li><li>P636 #2<\/li><\/ul>\n\n\n\n<p>V.\u00a0 Test Tuesday<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.&nbsp; Bellwork:&nbsp; Graph for a Natural Monopoly Page 629 #2 II. Objectives Explain the meaning of Price Discrimination Discuss why price discrimination is common when producers have market power III.&nbsp; Price Discrimination Read&nbsp; pages 630-635 https:\/\/youtu.be\/1kSk1Hu3TVM https:\/\/youtu.be\/vihuK8JoK14?t=690 Figure 63.2 Price Discrimination P634 Micro 4.8 Price Discriminating Monopoly (First Degree) Second Degree Price Discrimination Perfect Price [&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-18005","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\/18005","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=18005"}],"version-history":[{"count":1,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/18005\/revisions"}],"predecessor-version":[{"id":18006,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/18005\/revisions\/18006"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=18005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=18005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=18005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}