How do markets work? - lesson 3

• Economie
• Middelbare school
• vwo
• Leerjaar 3

What are you going to do today?

• Learning goals previous lesson
  
• Todays learninggoals
• Instruction 3.2 first part
• Work on the assignments
• Check todays learninggoals

Kort herhalen

In de volgende dia's worden je zo een aantal herhalingsvragen gesteld. Probeer deze vragen zo goed mogelijk en zonder boek te beantwoorden. Op die manier kan jij (en de docent) kijken welke onderdelen je al goed beheerst en welke onderdelen je nog extra zou kunnen oefenen. 

A product with a price elasticity of 0 is...

1. inelastic
2. elastic
3. completely inelastic
4. completely elastisch

A product with a price elasticity of -5 is...

1. inelastic
2. elastic
3. completely inelastic
4. completely elastisch

When the price of an product changes is it a shift of the whole demand curve.

1. true
2. not true

Which four factors influence the demand?

Please upload a picture of your homework.

Used more than one page?
Upload a picture of the rest of the assignments.

Used more than one page?
Upload a picture of the rest of the assignments.

Learning goals

• You can explain that the willingness to supply differs at different prices.
• You can draw a supplycurve and form a supply formula.
• 
  

Time to do some assignments

* Read page 78, 79 and 80.

* Do assignments 18 up to and including 26.

* Check the following slides to see if you reached todays learning goals.

* You will find some video's attached that you can watch for some extra explaination. 

During the lesson you can ask questions using the chat in Zoom.

Good luck!

Check your learning goals

Please upload a picture of the assignments you made during this lesson.
If you need more room you can use the next sheet.

Please upload a picture of the assignments you made during this lesson.

The supply curve looks like this: /

1. correct
2. incorrect

What can you say about the willingness to supply at a:
a) low price
b) high price

Homework 

3.2 assignment 18 up to and including 26

0