Bellwork (Pg. 65)
Draw the supply curves for the given situations (include the shift).
- Assume that plastic is used to make desk chairs. If the price of plastic increases, what effect will that have on supply or quantity supplied of chairs.
- There is a shortage of bananas, which causes an increase in the price of bananas. What will happen to supply or quantity supplied of bananas?
Nearpod Activity
Today, we did a Nearpod activity about cost, revenue, and break-even points. To see a PDF of the activity, click on the link: https://drive.google.com/file/d/1T-ZQFG4tJy7ZXrl9wN-JHaPevxDHeD_Z/view?usp=sharing