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Business Common Core RST.9-10.3 resources for Microsoft Word
Cost of Production: Factory Simulation
Two day class simulation of a car factory. Students work together to figure out how many workers will maximize output and how many cars should be produced per hour to maximize profit.
Objectives of Simulation :
1. Explain how firms decide how much labor to hire in order to produce a certain level of output
2. Analyze the production costs of firms
3. Explain how a firm chooses to set output
4. Identify the factors that a firm must consider before shutting down an unprofitable business
Subjects:
Grades:
7th - 12th
Types:
CCSS:
Using a Spreadsheet to Track Your Budget
This advanced spreadsheet activity uses functions like payments and goal seek to track their expenses. Students research jobs, homes, cars and estimate other expenses. Task cards are included to help break the project down into manageable sections.
Subjects:
Grades:
9th - 12th
Types:
CCSS:
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