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Essential Question: How does the interaction of buyers and sellers create the forces of supply and demand in a competitive market? Warm up: Go to

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Presentation on theme: "Essential Question: How does the interaction of buyers and sellers create the forces of supply and demand in a competitive market? Warm up: Go to"— Presentation transcript:

1 Essential Question: How does the interaction of buyers and sellers create the forces of supply and demand in a competitive market? Warm up: Go to http://todaysmeet.com/Eubanks econ.http://todaysmeet.com/Eubanks Tell me if high prices are incentives to buyers or sellers. Then tell me if low prices are incentives to buyers or sellers. Standard: SSEMI2 The student will explain how the Law of Demand, the Law of Supply, prices, and profits work to determine production and distribution in a market economy. a. Define the Law of Supply and the Law of Demand.

2  Go to :  https://todaysmeet.com/EubanksEcon 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.

3  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!


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