1. Warm up 2/25/13 p.79-83 1.What is an example of something you consider an inferior good? 2.What is one good that can be considered a complement for another? 3.What are two goods that can be considered substitutes?

2. Warm up 2/26/13 p. 90-96 1.What is elasticity of demand? 2.What is inelastic? 3.What is elastic?

3. Warm up 2/27/13 review 1.What is a change in consumption resulting from a change in real income? 2.What is a way that a change in price determines whether or not consumers buy goods? 3.What is a percentage change in quantity demanded is exactly equal to a percentage change in price called?

4. Warm up 2/28/13 p.79-96 1.What is a good that replaces another product? 2.What is a graphic representation of a demand schedule? 3.What is a list or table of how much consumers will demand?

5. Warm up 3/1/13 p.97 1.What entrepreneurial traits did Darrow use to make Monopoly a success? 2.For Darrow, what were the benefits and drawbacks of being an entrepreneur? 3.List other entrepreneurs and explain their contributions to the people and economy of the United States.