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Slide 1 Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome BackgroundsCommunication! Econ Unit 2
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Communication Game Board Business Organization Sub or Comp. Determinants of Demand Determinants of Supply Vocab 100 200 300 400 500 Final Challenge Final Challenge
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 1 for 100 Most limited life Sole Proprietorship
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 1 for 200 You only lose what you put in Limited partnership
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 1 for 300 Stock holders give start-up capital Corporation
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 1 for 400 Two people allow this type to recruit better talent. Partnership
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 1 for 500 If one partner declares bankruptcy, the bank can go after the other. Unlimited partnership
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 2 for 100 Charcoal and lighter fluid Compliment.
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 2 for 200 Butter and Oleo Substitute
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 2 for 300 Shoes and laces Comp.
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 2 for 400 Wii and Xbox Sub.
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 2 for 500 Firestone and Good Year Sub.
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 3 for 100 Dad no longer has a job. Chang in income
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 3 for 200 Leg warmers are making a comeback Change in taste
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 3 for 300 Because of budgets the Kroger brand is having a banner year. Substitutes
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 3 for 400 Buick is advertising in China and sales of the Le Saber have gone through the roof. Change in Market size, or number of consumers
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 3 for 500 Prior to the release of the iphone the sales of all other phones went down. Change in expectations
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 4 for 100 Digital music has ruined CD sales Change in technology
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 4 for 200 A rise in gas prices hurt many companies and changed the supply. Cost of inputs
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 4 for 300 Government is paying for the production of TV digital converters Subsidies
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 4 for 400 Workers are given a raise for every pair of shoes they produce Productivity
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 4 for 500 Banks hold millions of gallons of oil in anticipation of a conflict in the Middle East. Expectations
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 5 for 100 Maximum legal price Price Ceiling
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 5 for 200 Minimum Wage Price Floor
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 5 for 300 I buy only one instead of two sodas at lunch because of it. Diminishing marginal utility
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 5 for 400 The cost of producing one more of a product Marginal cost
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Category 5 for 500 What type of merger would GM and Toyota be? Horizontal
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Copyright © 2004 Glenna R. Shaw & FTC Publishing Background Courtesy of Awesome BackgroundsAwesome Backgrounds Game Board Game Board +100 -100 0 +100 -100 0 +100 -100 0 Reset Scores Final Challenge! List the determinants of demand Consumer Income, tastes, substitutes, complements expectations, number of consumers Write Your Final Challenge Wager
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