Aim: If prices act as "signals," do we all react to the signals in exactly the same way?
Bell Ringer: Current Events
Objectives:
- 1. SS.912.E.1.8 Explain ways firms engage in price and nonprice competition.
- 2. SS.912.E.1.4 Define supply, demand, quantity supplied, and quantity demanded; graphically illustrate situations that would cause changes in each, and demonstrate how the equilibrium price of a product is determined by the interaction of supply and demand in the market place.
Agenda:
1. Bell Ringer (10 min)
2. Price & Decision Making QQT
3. Price & Decision Making Quiz
Home Learning: NO HW
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