Calculating Profits from Selling Virtual Lemonade

Students set up and collect data for a virtual lemonade stand. In this entrepreneurship, economics, and technology instructional activity, students purchase ingredients, determine costs, and set up a virtual lemonade stand. Students consider weather forecasts and customer behavior as indicators of success or failure. Students complete a spreadsheet with profits and losses and write a paper explaining factors that contributed to the success or failure of their lemonade stand.