Free Enterprise--Product Cost
This Free Enterprise--Product Cost lesson plan also includes:
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Students apply basic math skills in computing a product cost.
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Comparative Advantage and Trade in a Global Economy
Students define absolute advantage and comparative advantage and apply it to solve problems. In this statistics lesson, students differentiate between absolute and comparative advantage. They define who wins and who loses using free...
9th - 11th Math
Free Enterprise -- Product Cost
Young scholars are introduced to the concept of free enterprise. In groups, they discuss the price of various food items and decide on which item to produce. They calculate the cost of producing the item and share their results with...
9th - 12th Social Studies & History