a) In lecture, it’s been highlighted that Bt cotton increased agricultural production on both the extensive and intensive margins. What is the extensive margin? What is the intensive margin? 

(b) Draw a graph showing profits as a linear function of pest exposure (number of pests on their land) for both traditional cotton and Bt cotton. Label the regions of the graphswhere farmers adopt and do not adopt Bt cotton. Label the regions where farmers benefit on the intensive vs. extensive margins. 

(c) In the lecture, it’s been described uncertainty over how the technology will be regulated. How do intel-lectual property and regulatory uncertainties affect the incentive to innovate? Why?

Lesson Plan Development 

To practice building an outline for your potential course as a teacher of psychology, use the material from this course so that you will be able to:

Create a one-week module outline in a Word document for your future class on a topic of your interest. Include the following

1) readings/multimedia content (what items do you want your students to read and websites to visit)

2) discussion board prompt (what topic to you want to extent the mode of thinking)

3) assessment/assignment (what do you want them to demonstrate their understanding)

4) teaching activity (what type of graphic organizer would use, game, other devise)