Verbal Bellringer1. What was hard about last week’s exam?2. Test corrections due Tuesday SEPT 17, AT

THE START OF CLASS

Graph Experiment

• Find EqP• Label consumer surplus, producer surplus

Graph Experiment

• Find EqP• Label consumer surplus, producer surplus

• Increase income?• What should producers do?

Graph Experiment

• Find EqP• Label consumer surplus, producer surplus

• Decrease consumer price expectations?• What should producers do?• Consumers?

Verbal Bellringer1. What explains this graph

• Exhibit A

• Exhibit B

Graph it

Easy Economist readings

• Changes to markets

• Find one with a partner, try to stump me