Mr. Tchakerian's Memorial HS Courses
  • Home Page
    • American Revolution
    • Grading
    • Goal Setting
    • Professional Dress Days
    • Classroom Rules
    • U.S History
    • Geography and History of the World
    • Notes U.S History
    • Daily Work U.S History
    • Econ Assignments & Projects
    • Econ Daily Work >
      • Econ Notes
      • Supply & Demand Web Quest
    • Geography Daily Work
  • Science 8th Grade
  • 8th Grade Social Studies
  • Atom Web Quest
  • U.S Constitutional Convention

OPPORTUNITY COST 

As a society we are always faced with chocies.  Do we buy a car? or do we just take public transportation?  As a business do we increase production or decrease production.  Opportunity costs are apart of every decision so lets explore the opportunity costs and trade-offs of the companies below.

Directions: First, You must click on the names of each topic and read that page.  Then answer the questions below. 

1.  What are the choices of production for each topic?
  
2.  What is the opportunity cost for each topic?

3.  What are the trade-offs? 
 
4.  What factors of production are present?
  
5.  After reading each page determine the type of goods offered by each company.  Ex: Durable/Nondurable ect.

6.  Research and explain the production process for one good for each company.
 

7.  Create an economic model that best represents the production process of that good and how it affects the overall economy. 


COMIC BOOKS           VEHICLES            TOYS

9am to 4pm

atchakerian@sbcsc.k12.in.us

  • Home Page
    • American Revolution
    • Grading
    • Goal Setting
    • Professional Dress Days
    • Classroom Rules
    • U.S History
    • Geography and History of the World
    • Notes U.S History
    • Daily Work U.S History
    • Econ Assignments & Projects
    • Econ Daily Work >
      • Econ Notes
      • Supply & Demand Web Quest
    • Geography Daily Work
  • Science 8th Grade
  • 8th Grade Social Studies
  • Atom Web Quest
  • U.S Constitutional Convention