Practice What You Know

EQ – How are economic utility, supply and demand, and the product life cycle connected?

1. Activator: Picture of a ball
2. Assignment Directions (Links are below. Use the back button to navigate)
3. PLC Info
4. Supply and Demand Tutorial
5. NBA Ticket Prices

Product Life Cycle

EQ – What options are available for companies when a product reaches the decline stage of the PLC?

1. Activator: Partner Essay Share
2. Review your notes
3. Q&A
4. Quiz – PLC Stages
5. TPS – A closer look at decline decisions (p. 190-191)
6. Economics in Marketing Project - Storyboard – Create your comic

Supply and Demand and the PLC

EQ – How do the laws of supply and demand affect the Product Life Cycle?

1. Activator: Coke Price Rises With Heat
2. Team Project – Supply and Demand Practice
3. Class Review
4. Foldable – Introduction to the Product Life Cycle
5. TPS – Stages of the PLC