Monday, October 15, 2012

Agenda 10/15/12

1.  Bell Task:  
How are prices determined?

2. Exercise:  How many boxes of girl scout cookies would you buy at theses prices (normally $3.50)?
a.  0.50
b. 1.00
c. 1.50
d. 2.00
e. 2.50
f. 3.50
g. 4.00
h. 4.50

Plot these in a diagram.

3.  Discussion:   The Law of Demand
Distinguish between a shift of the Demand curve and movement along the curve.

4.  HW:   Finish Chapter 3 Reading and Objectives

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