Tribe game

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Tribe game

  1. 1. Bellringer Fill in the blanks using economic vocabulary 1. Economists would call hotdogs and buns _____? 2. Economists would call hotdogs and hamburgers _____? 3. Economists would call restaurant dinners _____? 4. Economists would call used items _____? 5. What does “TRIBE” stand for?
  2. 2. Which part of TRIBE? Demand increases, decreases or no change Market: New Cars Change: US government increases income tax rates
  3. 3. Which part of TRIBE? Demand increases, decreases or no change Market: New Cars Change: Jennifer Lopez appears in a series of new television commercials
  4. 4. Which part of TRIBE? Demand increases, decreases or no change Market: New Cars Change: population of US increases by 6 %
  5. 5. Which part of TRIBE? Demand increases, decreases or no change Market: New Cars Change: US media reports next year’s car models will be more expensive due to environmental laws
  6. 6. Which part of TRIBE? Demand increases, decreases or no change Market: New Cars Change: gasoline prices increase to over $4 gallon
  7. 7. Which part of TRIBE? Demand increases, decreases or no change Market: Sun Tran bus rides Change: Average Tucson gets a 2% raise
  8. 8. Which part of TRIBE? Demand increases, decreases or no change Market: Sun Tran bus rides Change: Sun Tran raises fares by 50%
  9. 9. Which part of TRIBE? Demand increases, decreases or no change Market: Sun Tran bus rides Change: Population of Tucson decreases for fifth straight year
  10. 10. Which part of TRIBE? Demand increases, decreases or no change Market: Sun Tran bus rides Change: Gasoline prices increase to 4%
  11. 11. Which part of TRIBE? Demand increases, decreases or no change Market: Smart phone apps Change: Unemployment rate of US increases
  12. 12. Which part of TRIBE? Demand increases, decreases or no change Market: Smart phone apps Change: prices of new apps decreasing due to advertisements
  13. 13. Which part of TRIBE? Demand increases, decreases or no change Market: Smart phone apps Change: New iphone released
  14. 14. Which part of TRIBE? Demand increases, decreases or no change Market: Smart phone apps Change: Consumers think apps will no longer be free starting March 1
  15. 15. Which part of TRIBE? Demand increases, decreases or no change Market: red roses Change: prices of chocolate decreases
  16. 16. Which part of TRIBE? Demand increases, decreases or no change Market: red roses Change: prices of roses increase
  17. 17. Which part of TRIBE? Demand increases, decreases or no change Market: red roses Change: Its February 14
  18. 18. Which part of TRIBE? Demand increases, decreases or no change Market: red roses Change: Its February 16
  19. 19. 1 change to TRIBE  Choose 1 market  Xbox360s, pizza, Gatorade, hotel rooms  -1 point for the last place group

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