Monday, March 2, 2015

Monday, March 2nd

Periods 2,3, and 5 spent most of the period finishing preparing their group presentations.

Period 6 was done with presentations and began by refining the definitions of "supply" and "demand"
Supply: the amount of a goods or services available at a given price
Demand: the amount of goods or services people want and are willing to pay for.

Period 6 went on to discuss the Demand curve. Demand was discussed haivng an inverse relationship to cost.

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