1. Bell Task: Trading Activity Wrap-up
What trends did you notice about your happiness (utility)?
Why do you think this trend happened?
Why did we trade in a closed market for the first trade? What economic reality does this illustrate?
What lessons did you learn about economic activity?
2. Discussion Chapter 1: Opportunity Costs, Rational Choices, Factors of Production
Production Possibilities Frontier
3. HW: Finish Chapter 1 Objectives
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