| Mr. C's SMART Lunch Availability NEXT Week | |||||
|---|---|---|---|---|---|
| Lunch | Monday | Tuesday | Wednesday | Thursday | Friday |
| A | CLOSED | By Appointment | CLOSED | By Appointment | Open TUTORIAL |
| B | CLOSED | Open TUTORIAL | CLOSED | By Appointment | By Appointment |
Motivation for the Week:
"There is no truth. There is only perception."
- Gustave Flaubert
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Agenda
All Classes
1) Supply
Focused our attention on the Supply side of the equation today. We noted that the mechanics of Supply are the same as Demand, the difference is the concept. While it is easy to see how were are all active participants in Demand when we buy things, what is less familiar is our role in Supply when we provide things to the economy. What most people have to offer is labor in some way, but since we typically do not think of our labor in terms of Supply and Demand, it has been more abstract.
After looking at the PowerPoint about Supply, we went over the flowchart for figuring out which Determinant of Supply and may have begun filling in the chart for each Determinant and its impact on Supply.
Homework
All Classes
Read section 21.4 and Complete Activity 7: Equilibrium
Announcements
All Classes
QUIZ MONDAY: DEMAND
TEST WEDNESDAY: (UNIT 8) ECONOMIC FUNDAMENTALS
