Tuesday, December 8, 2015

Day 70 Agenda (Tuesday 12/08/15)

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Motivation for the Week:
"Success is not final, failure is not fatal: it is the courage to continue that counts."
- Winston Churchill

Agenda
Period 1
1) Trade-offs & Opportunity Costs
Complete Activity 1: Scarcity, Opportunity Cost and Production Possibilities Curve and review the concepts

2) Costs of Production
By participating in the hand cut out simulation we demonstrated the importance of the variety of cost calculations businesses need to make production decisions.

Periods 3&4
1) Bell Ringer

2) Trade-offs & Opportunity Costs
Go over Activity 1: Scarcity, Opportunity Cost and Production Possibilities Curve from the homework and review the concepts

3) Costs of Production
By participating in the hand cut out simulation we demonstrated the importance of the variety of cost calculations businesses need to make production decisions.

Homework
Periods 1
Read and Note Sections 18.1 & 19.1
Complete you Supreme Court Case in the Google Doc by 7am tomorrow

Period 3
Read and Note Sections 18.1 & 19.1
Complete you Supreme Court Case in the Google Doc by 7am tomorrow

Period 4
Read and Note Sections 18.1 & 19.1

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