Tuesday, January 21st

Bellwork: Where is your favorite place to get chicken wings?  Why?

Class Objectives:
  • Examine the right to choose
  • Determine how competition affects consumers

Today's Agenda:
  • Consumer Right to Choose
  • Burger Joint Activity (data)
    • Discussion: Competition & Monopolies, Supply & Demand
  • Competition Exit Slip
    • What are three reasons competition is good for consumers?
    • Why are monopolies restricted by the government?
    • How does supply and demand affect prices?