Amazing Profit

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When items are difficult to find in stores, they are often found selling on auction sites for a higher cost. Scholars analyze the closing bid price as it relates to the number of days after the release of a popular gaming system. They practice writing equations from a graph, interpreting linear relationships, and making predictions based on the given information.

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CCSS: Designed
Instructional Ideas

  • Discuss the profit margin stores set on game sets such as the one discussed in the lesson
  • Introduce the concept of a loss leader and other sales techniques
Classroom Considerations

  • Relies on prior knowledge of determining linear equations from a graph

  • Designed for Common Core and NCTM standards
  • Offers questions for teacher reflection

  • None