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Essential Question: How do we decide if Demand is Elastic or Inelastic? Warm up: What is one thing you would buy no matter how expensive it is? Standard: SSEMI3 The student will explain how markets, prices, and competition influence economic behavior. c. Define price elasticity of demand and supply.

Essential Question: How do we decide if Demand is Elastic or Inelastic? Warm up: What is one thing you would buy no matter how expensive it is? Standard:

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Page 1: Essential Question: How do we decide if Demand is Elastic or Inelastic? Warm up: What is one thing you would buy no matter how expensive it is? Standard:

Essential Question: How do we decide if Demand is Elastic or Inelastic?

Warm up: What is one thing you would buy no matter how expensive it is?

Standard: SSEMI3 The student will explain how markets, prices, and competition influence economic behavior.c. Define price elasticity of demand and supply.

Page 2: Essential Question: How do we decide if Demand is Elastic or Inelastic? Warm up: What is one thing you would buy no matter how expensive it is? Standard:

Go to : https://todaysmeet.com/EubanksEcon List ways that government is involved in

your lives. Everyone must post! Post as many things as you can think of.

Then start working on your notecards.

Page 3: Essential Question: How do we decide if Demand is Elastic or Inelastic? Warm up: What is one thing you would buy no matter how expensive it is? Standard:

Ipad rules

Ipads must be brought everyday Ipads are an educational tool, and not for

games or social networking. Only access sites or apps that are being

used or you are instructed to access. Leaving accepted apps or websites will

result in the Ipad being locked. No cell phone. All cell phones go to cell

phone jail!