Thursday/Friday May 31-June 1

Supply/Demand Exam

Tuesday/Wednesday May 29-30

Big Apple Game Graphing.  

Click on the link for the excel file with data.  Graph (bar Graphs) data for each of the rounds.  At the bottom of the excel file are tabs that say Per 1, Per 2, Per 6.  click on the tab that corresponds to your period and graph the data.  See me for any questions

Big Apple Data

Supply/Demand Review  (Exam next class)

Thursday/Friday May 24-25

We played the Big Apple Game and logged Data.  We will graph data next class.

Tuesday/Wednesday May 22-23

Calculate the Elasticity of Demand and determine whether the demand is elastic, inelastic, or unitary elastic for the following questions

1. When price of a deluxe car wash rises from $10.00 to $11.00, the number of daily customers falls from 60-48.

2. A dentist with 80 patients cuts his fee for a cleaning from $60.00 to $54.00.  He now goes from 80 patients to 92.

3. An airline raises their baggage fees from $50 to $65, the number of flights drop from 100/day 88/day.

4. Price for a bushel of apples decreases from $4 to $3.  The number of bushels sold increases from 32-45.

5. A newsstand sells magazines for $2/magazine and will sell 100 at this price.  They raise their price 50% and in turn sell 50% less magazines.

6. Ashley raises the price in slices of pizza from $1.00 to $1.50; consequently she sells 3 slices instead of 4.

Elasticity Worksheet

Monday May 21

Read and take notes pp 90-92
Pay special attention to the following 3 items on pages 91
1. Elastic
2. Inelastic
3. Unitary Elastic

Page 92 has two equations for elasticity.  Use the examples on page 92 for any help on how to find elasticity.

Finish Supply and Demand Shifts Worksheet

Thursday/Friday May 17-18

Intro to Demand Worksheet

Supply Reasons Worksheet

Supply and Demand Worksheet

Tuesday/Wednesday May 14-15

We finished the Demand Notes and completed the following:

Demand Curves Question

Supply Notes

Monday May 14

Intro to Demand Notes

Thursday/Friday May 10-11

Tax Exam

Tuesday/Wednesday May 8-9

Complete Estate Planning questions in Google Class
We played Jeopardy as a review (Exam Next Class)

Exam Review
Tax Base            
Progressive, Regressive, Proportional (examples of each)
Characteristics of a good tax (explain each of the 4)
Types of business organizations- Explain sole proprietorship, partnership (General, Limited), Corporation (how to set up)
FICA (What programs does it support)   
W-4, W-2, 1040- Explain what each form does
What tax exempt means, give examples
Tax incentives (examples of what the government wants us to do)
How deductions/write-offs financially benefit us
Will- What it protects and how it protects it.
Trust- How it protects your assets (explain the difference between a Will and a Trust)
Cashflow Quadrant (E, S, B, I)- Explain and give an example of each.

Monday May 7

Finished Estate Planning notes from last class.

Thursday/Friday May 3-4

Today we finished the Google Classroom activities and began our discussion on Estate Planning

Estate Planning Notes

Tuesday/Wednesday May 1-2

Finish Business Organization Worksheet from last class

Complete Business Activities in Google Classroom