Add the following entries to your TOC:
| 66 | Bellwork: Week of Dec. 3 | 12-3 |
| 67 | Chapter 6 Vocabulary | 12-3 |
| 68 | How do we allocate resources? | 12-3 |
Bellwork:
Write your response on p. 66 (do not write the question!)
If you were a gas station owner, how would you determine what price to sell a bag of hot chips at? (Write in complete sentences!)
Chapter 6 Vocabulary:
Write these words down on p. 67 in your notebook. Use your textbook to help you define them. Starts on textbook p. 143.
- Price
- Allocate
- Equilibrium Price
- Surplus
- Shortage
- Fluctuate
- Price ceiling
- Price Floor
- Arbitrarily
- Efficiency (not in textbook)
How Do We Allocate Resources? (Pg. 68)
