Thursday, November 05, 2009

WH II: 5 November 2009

Prayer:

Current Event:


Planned Parenthood Leader Resigns After Watching Ultrasound of Abortion Procedure

“I just thought I can’t do this anymore, and it was just like a flash that hit me and I thought that’s it.”

Since April, 114 Children Have Died from swine flu -- but 700,000 Have Died from Abortion

The swine flu influenza has claimed the lives of 114 children since April, according to the latest data available from the federal Centers for Disease Control and Prevention. But an estimated 2,247 to 3,305 babies lose their lives to abortion each day, based on statistics compiled separately by the CDC and the Guttmacher Institute, a private research foundation tied to the abortion industry.

Pelosi’s 2,032-page government rationing of health care, on line 17, p. 110, section 222, under “Abortions for which Public Funding is Allowed,” the Health and Human Services Secretary is given the authority to determine when abortion is allowed under the government-run plan. The Speaker’s plan also requires that at least one insurance plan offered in the Exchange covers abortions.

What is even more alarming is that a monthly abortion premium will be charged of all enrollees in the government-run plan. On line 16, page 96, section 213, under “Insurance Rating Rules,” the premium will be paid into a U.S. Treasury account - and these federal funds will be used to pay for the abortion services.

Section 3 The Age of Napoleon



Consul and Emperor

At each step on his rise to power, Napoleon had held a plebiscite (pleb uh syt), or popular vote by ballot. Each time, the French strongly supported him. As you will read, although the people theoretically had a say in government through their votes, Napoleon still held absolute power. This is sometimes called democratic despotism. To understand why people supported him, we must look at his policies.

Checkpoint

How did Napoleon rise to power so quickly in France?

Reading Check

What personal qualities did Napoleon possess that gained him popular support?

Napoleon's Domestic Policies

Peace With the Church

He made peace with the Catholic Church in the Concordat of 1801. The Concordat kept the Church under state control but recognized religious freedom for Catholics. Revolutionaries who opposed the Church denounced the agreement, but Catholics welcomed it.

Codification of the Laws

Among Napoleon’s most lasting reforms was a new code of laws, popularly called the Napoleonic Code. It embodied Enlightenment principles such as the equality of all citizens before the law, religious toleration, and the abolition of feudalism.

But the Napoleonic Code undid some reforms of the French Revolution. Women, for example, lost most of their newly gained rights and could not exercise the rights of citizenship. Male heads of households regained complete authority over their wives and children. Again, Napoleon valued order and authority over individual rights.

Checkpoint

What reforms did Napoleon introduce during his rise to power?

A New Bureaucracy

During the Consulate and empire, Napoleon consolidated his power by strengthening the central government. Order, security, and efficiency replaced liberty, equality, and fraternity as the slogans of the new regime.

To restore economic prosperity, Napoleon controlled prices, encouraged new industry, and built roads and canals. He set up a system of public schools under strict government control to ensure well-trained officials and military officers

Preserver of the Revolution?

Anne Louise Germaine de Staël

The date of the beginning of what Mme de Staël's admirers call her duel with Napoleon is not easy to determine. Judging from the title of her book Dix annees d'exil, it should be put at 1804; judging from the time at which it became pretty clear that the first man in France and she who wished to be the first woman in France were not likely to get on together, it might be put several years earlier. Napoleon said about her, according to the Memoirs of Mme. de Remusat, that she "teaches people to think who never thought before, or who had forgotten how to think."

The whole question of this duel, however, requires consideration from the point of view of common sense. It displeased Napoleon no doubt that Mme de Staël should show herself recalcitrant to his influence. But it probably pleased Mme de Staël to quite an equal degree that Napoleon should apparently put forth his power to crush her and fail. Both personages had a curious touch of charlatanerie. If Mme de Staël had really desired to take up her struggle against Napoleon seriously, she need only have established herself in England at the peace of Amiens. But she lingered on at Coppet, where she was shadowed by Napoleon's spies due to her tendency to defy Napoleon's orders, firstly that she keep away from Paris, and later out of France altogether, leaving her restless and lonely in rural Switzerland and constantly yearning after her beloved Paris.

In 1802 she published the first of her really noteworthy books, the novel Delphine, in which the femme incomprise was in a manner introduced to French literature, and in which she herself and not a few of her intimates appeared in transparent disguise. In the autumn of 1803 she returned to Paris. Had she not made her anxiety about the question of exile so public, it remains a question whether Napoleon would have exiled her; but, as she began at once appealing to all sorts of persons to protect her, he seems to have thought it better that she should not be protected. She was directed not to reside within forty leagues of Paris, and after considerable delay she determined to go to Germany.

Reading Check

Evaluating

What was the significance of Napoleon's Code?

Napoleon's Empire

Building the Empire

From 1804 to 1812, Napoleon furthered his reputation on the battlefield. He successfully battled the combined forces of the greatest European powers. He took great risks and even suffered huge losses. “I grew up on the field of battle,” he once said, “and a man such as I am cares little for the life of a million men.” By 1812, his Grand Empire reached its greatest extent.

As a military leader, Napoleon valued rapid movements and made effective use of his large armies. He developed a new plan for each battle so opposing generals could never anticipate what he would do next. His enemies paid tribute to his leadership. Napoleon’s presence on the battlefield, said one, was “worth 40,000 troops.”

Vocabulary Builder

anticipate—(an tis uh payt) vt. to foresee or expect

The Map of Europe Is Redrawn
Interactive Map of Napoleon's Empire, 1812

As Napoleon created a vast French empire, he redrew the map of Europe. He annexed, or incorporated into his empire, the Netherlands, Belgium, and parts of Italy and Germany. He also abolished the tottering Holy Roman Empire and created a 38-member Confederation of the Rhine under French protection. He cut Prussian territory in half, turning part of old Poland into the Grand Duchy of Warsaw.

Napoleon controlled much of Europe through forceful diplomacy. One tactic was placing friends and relatives on the thrones of Europe. For example, after unseating the king of Spain, he placed his own brother, Joseph Bonaparte, on the throne. He also forced alliances on European powers from Madrid to Moscow. At various times, the rulers of Austria, Prussia, and Russia reluctantly signed treaties with the “Corsican ogre,” as the monarchs he overthrew called him.

In France, Napoleon’s successes boosted the spirit of nationalism. Great victory parades filled the streets of Paris with cheering crowds. The people celebrated the glory and grandeur that Napoleon had gained for France.

Napoleon’s Power in Europe, 1812

Go Online
For: Audio guided tour
Visit: PHSchool.com
Web Code: nap-1841

Map Skills

Napoleon’s empire reached its greatest extent in 1812. Most of the countries in Europe today have different names and borders.

1. Locate:

(a) French empire, (b) Russian empire, (c) Germany

2. Region

Locate the Confederation of the Rhine. What is this area called today?

3. Make Comparisons

Compare Europe of Napoleon’s empire to Europe of today on the maps above. How has Europe changed?

Spreading the Principles of the Revolution

In the end, Napoleon’s Continental System failed to bring Britain to its knees. Although British exports declined, Britain’s powerful navy kept vital trade routes open to the Americas and India. Meanwhile, trade restrictions created a scarcity of goods in Europe, sent prices soaring, and intensified resentment against French power.

French armies under Napoleon spread ideas of the revolution across Europe. They backed liberal reforms in the lands they conquered. In some places, they helped install revolutionary governments that abolished titles of nobility, ended Church privileges, opened careers to men of talent, and ended serfdom and manorial dues. The Napoleonic Code, too, influenced countries in continental Europe and Latin America.

Checkpoint

How did Napoleon come to dominate most of Europe by 1812?

Reading Check

Identifying

What were the three parts of Napoleon's Grand Empire? (i.e., identify which areas or countries make up the following): French Empire, Dependent states, and States allied with Napoleon.

The European Response

Britain's Survival (Napoleon Strikes Britain)

Britain alone, of all the major European powers, remained outside Napoleon’s European empire. With only a small army, Britain relied on its sea power to stop Napoleon’s drive to rule the continent. In 1805, Napoleon prepared to invade England. But at the Battle of Trafalgar, fought off the southwest coast of Spain, British Admiral Horatio Nelson smashed the French fleet.

Refight Trafalgar! is an online game built in commemoration of the 200th anniversary of the battle of Trafalgar.

With an invasion ruled out, Napoleon struck at Britain’s lifeblood, its commerce. He waged economic warfare through the Continental System, which closed European ports to British goods. Britain responded with its own blockade of European ports. A blockade involves shutting off ports to keep people or supplies from moving in or out. During their long struggle, both Britain and France seized neutral ships suspected of trading with the other side. British attacks on American ships sparked anger in the United States and eventually triggered the War of 1812.

Nationalism

In 1812, Napoleon continued his pursuit of world domination and invaded Russia. This campaign began a chain of events that eventually led to his downfall. Napoleon’s final defeat brought an end to the era of the French Revolution.

Nationalism Works Against Napoleon

Napoleon’s successes contained seeds of defeat. Although nationalism spurred French armies to success, it worked against them too. Many Europeans who had welcomed the ideas of the French Revolution nevertheless saw Napoleon and his armies as foreign oppressors. They resented the Continental System and Napoleon’s effort to impose French culture on them.

From Rome to Madrid to the Netherlands, nationalism unleashed revolts against France. In the German states, leaders encouraged national loyalty among German-speaking people to counter French influence.

Reading Check

Explaining

Why did being a sea power help Britain survive an attack by the French?

Spain and Austria Battle the French

Resistance to foreign rule bled French-occupying forces dry in Spain. Napoleon introduced reforms that sought to undermine the Spanish Catholic Church. But many Spaniards remained loyal to their former king and devoted to the Church. When the Spanish resisted the invaders, well-armed French forces responded with brutal repression. Far from crushing resistance, however, the French response further inflamed Spanish nationalism. Efforts to drive out the French intensified.

Spanish patriots conducted a campaign of guerrilla warfare, or hit-and-run raids, against the French. (In Spanish, guerrilla means “little war.”) Small bands of guerrillas ambushed French supply trains or troops before retreating into the countryside. These attacks kept large numbers of French soldiers tied down in Spain when Napoleon needed them elsewhere.

Spanish resistance encouraged Austria to resume hostilities against the French. In 1805, at the Battle of Austerlitz, Napoleon had won a crushing victory against an Austro-Russian army of superior numbers. Now, in 1809, the Austrians sought revenge. But once again, Napoleon triumphed—this time at the Battle of Wagram. By the peace agreement that followed, Austria surrendered lands populated by more than three million subjects.

The Fall of Napoleon

Disaster in Russia




Primary Source

As shown in this painting, the Russian winter took its toll on Napoleon’s army. Philippe Paul de Ségur, an aide to Napoleon, describes the grim scene as the remnants of the Grand Army returned home.

What were the effects of this disaster in Russia?

Primary Source

“In Napoleon’s wake [was] a mob of tattered ghosts draped in . . . odd pieces of carpet, or greatcoats burned full of holes, their feet wrapped in all sorts of rags. . . . [We] stared in horror as those skeletons of soldiers went by, their gaunt, gray faces covered with disfiguring beards, without weapons . . . with lowered heads, eyes on the ground, in absolute silence.”

—Memoirs of Philippe Paul de Ségur


Tsar Alexander I of Russia was once an ally of Napoleon. The tsar and Napoleon planned to divide Europe if Alexander helped Napoleon in his Continental System. Many countries objected to this system, and Russia became unhappy with the economic effects of the system as well. Yet another cause for concern was that Napoleon had enlarged the Grand Duchy of Warsaw that bordered Russia on the west. These and other issues led the tsar to withdraw his support from the Continental System. Napoleon responded to the tsar’s action by assembling an army with soldiers from 20 nations, known as the Grand Army.

In 1812, with about 600,000 soldiers and 50,000 horses, Napoleon invaded Russia. To avoid battles with Napoleon, the Russians retreated eastward, burning crops and villages as they went. This scorched-earth policy left the French hungry and cold as winter came. Napoleon entered Moscow in September. He realized, though, that he would not be able to feed and supply his army through the long Russian winter. In October, he turned homeward.

The 1,000-mile retreat from Moscow turned into a desperate battle for survival. Russian attacks and the brutal Russian winter took a terrible toll. Fewer than 20,000 soldiers of the once-proud Grand Army survived. Many died. Others deserted. French general Michel Ney sadly concluded: “General Famine and General Winter, rather than Russian bullets, have conquered the Grand Army.” Napoleon rushed to Paris to raise a new force to defend France. His reputation for success had been shattered.

Discovery School Channel (Video)

Watch Napoleon’s Lost Army on the Witness History Discovery School™ video program to learn about Napoleon’s invasion of Russia in 1812.

Napoleon's Lost Army (5:52)

Summary

In Vilnius, Lithuania, scientists are studying the remains of an army that Napoleon lost. This segment explores Napoleon's invasion of Russia in 1812 and the terrible retreat that followed. Napoleon entered Russian with some 500,000 troops, but when his retreating army reached the town of Vilnius, only about 20,000 remained.

Questions from the Video

Multiple Choice

What Russian action prompted Napoleon to launch his invasion of Russia?

What strategy did the Russians use against Napoleon's army?

Writing Practice

How are archaeologists, forensic scientists, and historians able to reconstruct the story of Napoleon's invasion of Russia?

Checkpoint

What challenges threatened Napoleon’s empire and what led to the disaster in Russia?

Reading Check

Explaining

Why did Napoleon invade Russia?

The Final Defeat

The disaster in Russia brought a new alliance of Russia, Britain, Austria, and Prussia against a weakened France. In 1813, they defeated Napoleon in the Battle of the Nations at Leipzig.

Napoleon Abdicates Briefly



The next year, Napoleon abdicated, or stepped down from power. The victors exiled him to Elba, an island in the Mediterranean. They then recognized Louis XVIII, brother of Louis XVI, as king of France.

The restoration of Louis XVIII did not go smoothly. He agreed to accept the Napoleonic Code and honor the land settlements made during the revolution. However, many émigrés rushed back to France bent on revenge. An economic depression and the fear of a return to the old regime helped rekindle loyalty to Napoleon.

As the victorious allies gathered in Vienna for a general peace conference, Napoleon escaped his island exile and returned to France. Soldiers flocked to his banner. As citizens cheered Napoleon’s advance, Louis XVIII fled. In March 1815, Napoleon entered Paris in triumph.

Prince Clemens von Metternich

As Austria’s foreign minister, Metternich (1773–1859) used a variety of means to achieve his goals. In 1809, when Napoleon seemed vulnerable, Metternich favored war against France. In 1810, after France had crushed Austria, he supported alliance with France. When the French army was in desperate retreat from Russia, Metternich became the “prime minister of the coalition” that defeated Napoleon. At the Congress of Vienna, Metternich helped create a new European order and made sure that Austria had a key role in it. He would skillfully defend that new order for more than 30 years. Why did Metternich’s policies toward France change?

Crushed at the Battle of Waterloo

Waterloo Interactive Battle Simulator

The Battle of Waterloo Game

Napoleon’s triumph was short-lived. His star soared for only 100 days, while the allies reassembled their forces. On June 18, 1815, the opposing armies met near the town of Waterloo in Belgium. British forces under the Duke of Wellington and a Prussian army commanded by General Blücher crushed the French in an agonizing day-long battle. Once again, Napoleon was forced to abdicate and to go into exile on St. Helena, a lonely island in the South Atlantic. This time, he would not return.

Napoleon’s Legacy

Napoleon died in 1821, but his legend lived on in France and around the world. His contemporaries as well as historians today have long debated his legacy. Was he “the revolution on horseback,” as he claimed? Or was he a traitor to the revolution?

No one, however, questions Napoleon’s impact on France and on Europe. The Napoleonic Code consolidated many changes of the revolution. The France of Napoleon was a centralized state with a constitution. Elections were held with expanded, though limited, suffrage. Many more citizens had rights to property and access to education than under the old regime. Still, French citizens lost many rights promised so fervently by republicans during the Convention.

Map

Europe After the Congress of Vienna, 1815

Go Online
For: Audio guided tour
Visit: PHSchool.com
Web Code: nap-1842

Map Skills

At the Congress of Vienna, European leaders redrew the map of Europe in order to contain France and keep a balance of power.

1. Locate

(a) German Confederation, (b) Netherlands, (c) Vienna

2. Region

Name three states that were in the German Confederation.

3. Recognize Cause and Effect

Why did the Congress enlarge some of the countries around France?

On the world stage, Napoleon’s conquests spread the ideas of the revolution. He failed to make Europe into a French empire. Instead, he sparked nationalist feelings across Europe. The abolition of the Holy Roman Empire would eventually help in creating a new Germany. Napoleon’s impact also reached across the Atlantic. In 1803, his decision to sell France’s vast Louisiana Territory to the American government doubled the size of the United States and ushered in an age of American expansion.

Checkpoint

How did Napoleon impact Europe and the rest of the world?

Leaders Meet at the Congress of Vienna

After Waterloo, diplomats and heads of state again sat down at the Congress of Vienna. They faced the monumental task of restoring stability and order in Europe after years of war. The Congress met for 10 months, from September 1814 to June 1815. It was a brilliant gathering of European leaders. Diplomats and royalty dined and danced, attended concerts and ballets, and enjoyed parties arranged by their host, Emperor Francis I of Austria. The work fell to Prince Clemens von Metternich of Austria, Tsar Alexander I of Russia, and Lord Robert Castlereagh of Britain. Defeated France was represented by Prince Charles Maurice de Talleyrand.




Congress Strives For Peace

The chief goal of the Vienna decision makers was to create a lasting peace by establishing a balance of power and protecting the system of monarchy. Each of the leaders also pursued his own goals. Metternich, the dominant figure at the Congress, wanted to restore things the way they were in 1792. Alexander I urged a “holy alliance” of Christian monarchs to suppress future revolutions. Lord Castlereagh was determined to prevent a revival of French military power. The aged diplomat Talleyrand shrewdly played the other leaders against one another so France would be accepted as an equal partner.

The peacemakers also redrew the map of Europe. To contain French ambitions, they ringed France with strong countries. In the north, they added Belgium and Luxembourg to Holland to create the kingdom of the Netherlands. To prevent French expansion eastward, they gave Prussia lands along the Rhine River. They also allowed Austria to reassert control over northern Italy.

To turn back the clock to 1792, the architects of the peace promoted the principle of legitimacy, restoring hereditary monarchies that the French Revolution or Napoleon had unseated. Even before the Congress began, they had put Louis XVIII on the French throne. Later, they restored “legitimate” monarchs in Portugal, Spain, and the Italian states.

Congress Fails to See Traps Ahead

To protect the new order, Austria, Russia, Prussia, and Great Britain extended their wartime alliance into the postwar era. In the Quadruple Alliance, the four nations pledged to act together to maintain the balance of power and to suppress revolutionary uprisings, especially in France. Another result of the Congress was a system known as the Concert of Europe, in which the powers met periodically to discuss any problems affecting the peace of Europe.

The Vienna statesmen achieved their immediate goals in creating a lasting peace. Their decisions influenced European politics for the next 100 years. Europe would not see war on a Napoleonic scale until 1914. They failed, however, to foresee how powerful new forces such as nationalism would shake the foundations of Europe and Latin America in the next decades.

Portrait of Louis XVIII





Checkpoint

Explain the chief goal and outcome of the Congress of Vienna.

Links, resources, and bibliographical references

Video clips about Napoleon

Map of Napoleon's Empire

Refight Trafalgar!

Napoleon's Empire in 1812

Napoleon's army retreating from Moscow

Waterloo Interactive Battle Simulator

The Battle of Waterloo Game

The Napoleonic Alliance

The Napoleonic Collection

Institute on Napoleon and the French Revolution at Florida State University

The Napoleon Foundation

The War Times Journal: Napoleonic Wars

The Napoleonic Guide

Email HW to gmsmith@shanahan.org:

1. Applying Geography Skills

Examine the locations of the states that were allied against Napoleon in 1812. What geographic factors would have helped these states to remain independent from Napoleon's control?

AP Economics: 5 November 2009

Prayer:
Current Events:

White House Spokesman Robert Gibbs said that he does not know if White House lawyers have reviewed whether it is constitutional for the federal government to order individuals to buy health insurance and said that the White House is not seriously considering the concerns of people such as Sen. Orrin Hatch (R.-Utah) who believe the mandate is not constitutionally justified.



Hatch told CNSNews.com last week that forcing people to buy health insurance cannot be justified under the Constitution’s Commerce Clause.

“But here would be the first time where our government would demand that people buy something that they may or may not want,” Hatch told CNSNews.com. “And, you know, if that’s the case, then we didn’t need a ‘Cash for Clunkers,’ all we had to do is have the federal government say you all got to buy new cars, no matter how tough it is on you. You know, they could require you to buy anything. And that isn’t America. That’s not freedom. That’s not constitutionally sound. Now, there may be some gimmicky way that they can do this, but I can’t think of a gimmicky way that would be constitutionally justified.”

Chapter 4 Market Efficiency, Market Failure, and Government Intervention

Markets are efficient mechanisms for allocating resources. However, in the real world, markets can “fail” as a result of departures from the idealized competitive market structure. This chapter assesses the efficiency of markets in terms of maximizing consumer and producer surplus, and explains the circumstances under which market failures can occur. Government intervention in markets in the forms of price floors, price ceilings, and taxes is also examined.

We will cover the Chapter 4 True and False Questions (30 questions in round-robin fashion, you may work with a partner). Review and have the answers (to review in-class) to #1-30, True and False Questions on Chapter 4. You do not have to email the answers; we will cover this material in class (Cf. http://shanawiki.wikispaces.com/AP+Economics+Ch.+4+True+and+False+Questions). You may, of course, answer T or F on Shanawiki outside of class and collaborate on this exercise.

Thereafter, we have Ch. 4 Short Answer Questions to consider.

We can re-arrange the class into small groups for the review of the Short Answer Questions.

Ch. 4 Short Answer Questions, #1-8. Answer these Short Answer questions on Shanawiki outside of class and collaborate on this exercise before emailing them to me.

We will begin the Short Answer questions, beginning with Chapter 4, then, moving back to Chapter 1 Short Answers - Chapter 3 Short Answers:

This is a small group exercise as well.

Chapter 1 Short Answer Questions:

1. What are some examples of the types of issues analyzed by microeconomics? What are some topics examined by macroeconomics?


2. Briefly describe how macroeconomics and microeconomics are related. How do they differ?


3. Explain: Economic theories must be tested.


4. Why do economists develop models (“stylized facts”) to help with analysis? Discuss the strength and weakness of such an approach.


5. Evaluate: “There is more than one concept of economic efficiency.”


6. At the start of the war in Iraq, homeowners in the United States found it difficult to find plywood. The U.S. military, at the same time, was constructing buildings in Iraq. How do the two situations reflect economic tradeoffs?


7. What is the opportunity cost of you taking this economics class?


8. What are some ways you use marginal analysis in your life?


9. Explain the meaning of the phrase “People respond to incentives.”


10. Briefly explain why private markets are generally efficient at providing goods and services.

Chapter 2 Short Answer Questions

1. Explain how a free market economy decides what to produce.


2. Briefly describe the four types of resources used in production.


3. Suppose you are a restaurant owner. What is your output? What resources do you need and how would you classify them under the four categories?


4. Describe the main differences between production efficiency and allocative efficiency. Do you think the economy is efficient? Why or why not?


5. Suppose a worker decides to become a stay-at-home mom or dad. What are the opportunity costs of the decision?


6. In 2007 a tornado wiped out the town of Greensburg, Kansas. The governor complained that not enough National Guard units could be sent to the town because so many were deployed to Iraq. Use a production possibilities curve to illustrate this situation.


7. There is much debate regarding immigration into the United States. Using a production possibilities frontier graph, show what would happen if all immigration were halted.


8. Economists maintain that there is a tradeoff between current consumption and future consumption. Explain what they mean.


9. What are some of the factors that contribute to economic growth?


10. What is meant by the statement “International trade is a positive-sum game”?

Chapter 3 Short Answer Questions


1. What are the determinants of demand?


2. Evaluate the following in terms of the shifts in demand: Industries that sell inferior goods do well in an economic downturn.


3. Explain the difference between a change in demand and a change in quantity demanded. Why might this distinction be important to a business manager?


4. What happens to the supply curve when certain inputs used to make the products are banned? What are some examples of such cases?


5. Suppose a union successfully raises wage rates. How would the increase result in a decrease in supply?


6. Assume that Wal-Mart finds that its inventory of pink leather jackets is unexpectedly rising. Illustrate this situation using a supply/demand diagram. Explain how price adjustments would be used to reduce the excess inventory.


7. Using supply/demand analysis, explain the reason that the increased production of ethanol (a gasoline additive made from corn) is raising the price of tortillas (a type of bread made from corn). What effect would this price rise have on poor people?


8. Suppose suppliers expect a sudden drop in the market price. How might the expectation become a self-fulfilling prophecy?


9. Graph the following table and find equilibrium price and quantity. Suppose that the demand for good XYZ rises by 5 units at every price because of clever advertising. What happens to equilibrium price and quantity? Under what conditions would it be profitable to advertise?



10. Suppose there is an outbreak of E. coli (a harmful bacteria) in a certain type of vegetable. If the authorities were to remove the vegetable from the market, what would happen to the price of the vegetable? Suppose the growers could not reassure consumers that future outbreaks will not occur. What would be the long-term effect on equilibrium price?

HW: gmsmith@shanahan.org

Finish Chapter 1 Short Answers if we do not finish them in class: #1-10.