AP ECONOMICS: September 5

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AP ECONOMICS: September 5 Warm-up What is the relationship between price and quantity demanded? Draw a basic demand graph with a hypothetical P & Q. Learning Target In order to establish a thorough understanding of the workings of a free market economy, I will learn the principles of demand. I will know I have it when I can: (1) create a demand curve from a demand schedule; (2) show what happens on the demand graph due to changes in price; (3) differentiate between a change in quantity demanded vs. a change in demand; and (4) accurately shift demand curves given various demand curve shift scenarios. Change in Demand vs. Change in Quantity Demanded --Worksheet 5.2 and Module 5 notes (HO) --begin Worksheet 5.4 (D curve practice) Assignment Read Module 6; GC video

5.4 Choices