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Take Out Your Notebooks• Think back to the activity from Friday.
• In your opinion, what were the 2 least important products:– Food– Housing– Medical Care– Education– Clothing– Entertainment
• Be prepared to share!
New Groups
Chad Seth Danielle
Zack Michael Baggott
Kyle Kendall Matth Nicole Arron
Hillary Michael Brannen
Shannon Lacey Haley Virginia Brandon
Teacher Desk/ Work Area
Erin Morgan Taylor
1st PeriodChad Seth Danielle
Zack Michael Baggott
Kyle Kendall Matth Nicole Arron
Hillary Michael Brannen
Shannon Lacey Haley Virginia Brandon
Teacher Desk/ Work Area
Erin Morgan Taylor
New Groups
Megan Justin Xavier Andrew
Paige Cyndilee Chris Charlee Ryan Stacey
Amanda Chelsea Brett Jessica Tim Courtney Kylie
Teacher Desk/ Work Area
Forrest Lacey Alison Jordan Avery
Daniel Morgan Emily
2nd PeriodMegan Justin Xavier Andrew
Paige Cyndilee Chris Charlee Ryan Stacey
Amanda Chelsea Brett Jessica Tim Courtney Kylie
Teacher Desk/ Work Area
Forrest Lacey Alison Haley Jordan Avery
Daniel Morgan Emily Alex
New Groups
Dee Dee Moriah Kristen Kayla Jade (Empty)
Drew Steven Kara Amber Bethany (Empty) Kevin
Harley JD Courtney Nick Sonia David Melissa
Teacher Desk/ Work Area
Jordan Edwards
Jonathan Jordan Marin
Andre’ Mandie Lauren
Kayla Daylan Catherine Phillip Justin
Raven Ryne Maggie Kelsea
4th PeriodDee Dee Moriah Kristen Kayla Jade (Empty)
Drew Steven Kara Amber Bethany (Empty) Kevin
Harley JD Courtney
Nick Sonia David Melissa
Teacher Desk/ Work Area
Jordan Edwards
Jonathan
Jordan Marin
Andre’ Mandie Lauren
Kayla Daylan Catherine Phillip Justin
Raven Ryne Maggie Kelsea
Write This In Your Notes:• Trade-offs = all the choices
• Opportunity cost = cost of best alternative given up.
Trade-offs
OR
Opportunity Cost
Assignment• Don’t write your name on this paper.
• Answer the following question:
• What is the opportunity cost to you of being in a relationship?
• In other words, – A) What would you be doing as a single person,
that you couldn’t do (or couldn’t do as often) if you were in a relationship.
– B) Relationships can cost time & money, among other things. What would you do with the time/money you saved if you were single?
1) You’ve narrowed down your options of how to spend $20 to either take your date out to A) eat OR B) the movies. What is your opportunity cost if you
choose to go to the movies?
• A) $20• B) The amount of time that the movie lasts.• C) The pleasure you would have gotten from eating the meal.• D) $10, since your date gets half of it spent on her.
2) A country is going to war & decides it needs to make more guns. Which answer is realistic in this situation?
• A) move from A to C B) move from D to A
• C) move from B to A D) move from A to B
3) With current production at point A, what would the opportunity cost of 90
more guns be?
• A) 5 butter
• B) 540 butter
• C) 54 butter
• D) 50 butter
7) Which best represents a situation where a country’s productivity
increases?
• A) moving from Y to G B) moving from CD to AB• C) moving from Z to Y D) moving from CD to EF