Today's topic: Elasticity. Consumer and producer surplus.
I'm really happy with today's lesson - I explained everything I wanted to explain, nobody interrupted the lesson and we've passed all the difficult situations with surpluses when demand or supply are perfectly elastic. We have also learned how to say whether a good is normal or a giffen or just inferior or shob etc.. I feel like my preparation for this was worth it. Thank you guys for coming.
No photos, I have to say.
Wendy will do some homework ^^.