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Economics: It's a Matter of Power

Students examine trade-offs and profit maximization decisions in the case study of Kaiser Aluminum. The define related economic terms and explain the role that factors such as costs versus revenues play in making business decisions. Finally, they role-play as economists advising the company on business choices.

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Resource Details

Grade
9th - 12th
Subjects
Social Studies & History
2 more...
Resource Type
Lesson Plans
Duration
1 hr
Instructional Strategy
Simulation
Included Materials
  • Vocabulary