Chapters 4-6 Test is NEXT WEDNESDAY (Feb. 21st)

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Chapters 4-6 Test is NEXT WEDNESDAY (Feb. 21st) ECONOMICS: February 13 Warm-up: Analyzing the S of video games—two S graphs: Graph 1—the number of video game producers increases; Graph 2: out of concern of excess violent content, the government requires that video games be screened and approved by two different government panels before manufacturing can begin Learning Target In order to understand the theory of production, I will analyze production schedules and the production function. I will know I have it when I can: (1) differentiate between fixed and variable costs; and (2) calculate a breakeven point. --adding costs, revenues, and profits to the production schedule -fixed (overhead) costs vs. variable costs -breakeven analysis ·e-commerce business be vs. a traditional “brick & mortar” store --begin Supply enrichment activity (HO) Assignment: read Ch. 6, Lessons 1 & 2 Chapters 4-6 Test is NEXT WEDNESDAY (Feb. 21st)