Tuesday November 27

Summative Alert!

• We will be having a Micro Summative on Tuesday and Wednesday December 4/5
• Pricing Mechanism on December 4 (Written)
• Indirect Taxes, Subisdies and Price Ceilings on December 5

Continue Concepts:

• Government Intervention
• The effect of an Indirect Tax on the demand for and supply of a product

Resources:
Power Point - Indirect Taxes and their effect on the demand for and supply of a product.

Homework:

• Student Workpoint 5.2 - Due Tuesday November 27

• Read Chapter 5 - The Effect of an Indirect Tax on the Demand for and Supply of a Product, Pages 63-64