Supply and Demand Continued

EQ - How do supply and demand impact pricing strategies for entrepreneurs?

1. Refresh: Supply and Demand Game
2. Vocabulary Review - Opportunity Cost, Scarcity, Factors of Production
3. Review the S & D curves
4. Making the Connection of S & D
1. Demand 
2. Supply
3. Equilibrium
4. Surplus v. Deficit
5. Discussion Question: How are prices determined? 
6. Discussion Question 2: How can S & D impact price?
7. Knowledge Check (Question #1 p. 54)