Econ-02/07/13-Thursday
SSEMI4
The student will explain the organization and role of business, and analyze the four types of market structures in the U.S. economy.
My people: Remember to make RATIONAL DECISIONS!!!
Appetizer (Warm Up):
On a continuum (line with arrows on each end), list the 4 market structures from the most competitive to the least competitive
Main Course: We will come around and check this, then do together on white board
Fragrances Jeans Athletic Shoes Shampoo Toothpaste
Make a list for each of your top 3 for each item and briefly tell me why you chose the particular brands
Review 4 types of market structures-handout
Study guide on back for your Unit 2 Test on Friday
Hands on practice with market structures and categorizing
Graphing demand and supply (plus new supply curve) and equilibrium-this will be handed in before you leave
Brief review-think of questions you have
Unit 2 Test on Friday!
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