3rd Period - Clark - Civics/Economics-Mr. Clark (Liberty High School) //lhs.gvusd.org/apps/classes/990555/assignments/ Class Name: 3rd Period - Clark - Civics/Economics-Mr. Clark Instructor(s): Grant Clark en-us SchoolSitePro <![CDATA[Due: 05/28/2021]]> //lhs.gvusd.org/homeworkItem7787722 //lhs.gvusd.org/apps/classes/990555/assignments/ Innovation / Efficiency
Supply
Demand
The Challenges of Expansion
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5 sentence summary
]]> Tue, 20 Apr 2021 10:49:36 PDT <![CDATA[Due: 04/19/2021]]> //lhs.gvusd.org/homeworkItem7450799 //lhs.gvusd.org/apps/classes/990555/assignments/ Sat, 17 Apr 2021 22:41:38 PDT <![CDATA[Due: 04/19/2021]]> //lhs.gvusd.org/homeworkItem7428683 //lhs.gvusd.org/apps/classes/990555/assignments/ - Slide Deck
- Foldable


Include the Term, Image, Original Sentence, and Definition
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1. What is demand, the law of demand, and how do economists represent demand?
2. Why Do Price and Quantity Demanded Move in Opposite Directions?
3. When does the demand curve shift / what causes it to move?
4. What Factors Cause a Change in Quantity Demanded?
5. What is Elasticity of Demand and What determines Elasticity?


6. What is supply, the law of supply, and how do economists represent supply?
7. What Factors Cause Supply Curves to Shift?
8. How do Government Actions Affect Supply?


9. When is a market in Equilibrium, what is a surplus, what is a shortage?
10. What Causes Equilibrium Price to Change?
11. What Are Price Controls? Explain.


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