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ECONOMICS: February 11 Warm-up Analyzing the S of video games—draw two S graphs: Graph 1—the P of video games falls; Graph 2: the government places.

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Presentation on theme: "ECONOMICS: February 11 Warm-up Analyzing the S of video games—draw two S graphs: Graph 1—the P of video games falls; Graph 2: the government places."— Presentation transcript:

1 ECONOMICS: February 11 Warm-up Analyzing the S of video games—draw two S graphs: Graph 1—the P of video games falls; Graph 2: the government places pollution control regulations on video game producers Learning Target In order to understand the theory of production, I will analyze the production schedules and the production function. I will know I have it when I can draw an accurately labeled production function. Ch. 5, Lesson 2 & 3 Lesson Guide (HO) --the production schedule --the production function: increasing, diminishing, & negative returns --fixed, variable, and total costs --total revenue --e-commerce vs. “brick and mortar” stores Closure What things impact productivity? Assignment Read Ch. 6, Lesson 2


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