1 / 7

Ch.5 Quick Quizzes

Ch.5 Quick Quizzes. Mrs. Brooke Lubin Economics Bolton High School. Tuesday, Sept 10 th , 2013. Make up work (from absences)? BELL: Ch.5 QQs Finish Ch.5 discussion QUIZ Ch.5 Thursday! CFA2 due Friday!!!. Ch.5 Sec.2 QQ.

deanna
Télécharger la présentation

Ch.5 Quick Quizzes

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Ch.5 Quick Quizzes Mrs. Brooke Lubin Economics Bolton High School

  2. Tuesday, Sept 10th, 2013 • Make up work (from absences)? • BELL: Ch.5 QQs • Finish Ch.5 discussion • QUIZ Ch.5 Thursday! • CFA2 due Friday!!!

  3. Ch.5 Sec.2 QQ • The period of production that allows producers to change the amounts of inputs is… • The period of production that allows producers to change only the amt. of the variable input is… • When the number of workers hired is so great that the workers begin to get in each other’s way, output ___________. • In what order do the three stages of production occur? • The stages of production are based on…

  4. Ch.5 Sec.3 QQ • Cost benefit decision making that compares the extra benefits to the extra costs of an action is called… • The total cost of production is determined by… • Electricity is an example of a ________ cost. • If a business’s fixed costs are large relative to its variable costs, it is likely to… • Profit is maximized when marginal cost is…

  5. Monday, Sept 9th, 2013 • Take out your comparison chart-Demand and Supply • Bring tuna. See board (right). • See weekly schedule on board (left). • BELL: Ch.5 QQs • Ch.5 “reading” quiz • Ch.5 discussion

  6. Ch.5 Sec.1 QQ • The Law of Supply states… • What can cause an increase in supply? • Which product is likely to have the most elastic supply curve? • The supply curve is… • Increased gov’t regulations can cause the supply curve to…

  7. Monday, February 4th, 2013 • Progress reports & CFA2 due Thursday! • check Chapter 5 overview-have it out on your desk • complete supply and demand comparison (on next slide) by creating a table/chart • Discuss SUPPLY • Ch.5 QQs

More Related