Special Games to Introduce Profit Grade 6-8. If the price for 50 marbles = Rp5000, how much each marble costs ?

Slides:



Advertisements
Similar presentations
Unit 4 4th Grade Social Studies Vocabulary
Advertisements

Deriving AD From IS-LM Model. IS - LM LM curve is function of money demand, which is function of price level So each LM is associated with a given price.
Skateboard Safety Gear. Objectives To see if target market wears safety gear when doing possibly dangerous activities To see if there is a market to sell.
HOW TO GENERATE PROFIT REPORT User’s Guide. Step 1. At the admin main window Step 2. Click Reports.
© K. Cuthbertson and D. Nitzsche Figures for Chapter 7 OPTIONS MARKETS (Financial Engineering : Derivatives and Risk Management)
ADVERTISE THIS! Our Product Name: Price: Where to buy it: How to use it and good points:
The price of Gas 4.19 per gal. The price of Gas Hello everyone, We hear that the price of gas will climb to approximately $4.19 per gal By this summer.
Short v. Long Volatility on Options So many different types of option strategies One useful distinction: are we long or short volatility? In other words:
The Circular Flow Spending Goods and services bought Revenue Goods and services sold Labor, land, and capital Income = Flow of inputs and outputs.
Written by : Maria Gonzalez
Imitation game «Fishbanks» by Dennis Meadows. Victory conditions Higher balance at the end of the game Balance = bank balance + ship scrap value ($250.
Savings and Investment Unit Project Student Name.
ECONOMIC DECISION MAKING IS PRETTY SIMPLE BECAUSE IT ONLY INVOLVES A FEW TERMS AND RULES. IN FACT, YOU PROBABLY ALREADY THINK ABOUT MANY PROBLEMS IN THE.
Lesson 6 Microeconomics.
COSTS OF PRODUCTION How do producers decide how much of a good to produce?
Lead Generation Adding value to your business Simon Williams Head of Business Development paaleads.com.
Monopoly The definition of monopoly The definition of monopoly –From the Latin: “single seller” A structural view A structural view –Unique product/service.
Section 1 Basic Elements of Economics. The story of wealth and health for 200 countries over 200 years.
Business Models that Guarantee Profitability in Publishing Bob Pritchett Logos Bible Software.
Macroeconomics 203 The Circular Flow. Circular Flow Model It is a model of the economy that shows the circular flow of expenditures and incomes that result.
Capitalism Chapter 19 Lesson 3. Capitalism System where private citizens own and use the factors of production in order to seek a profit.
GROUPS FOR MARKETING. Public Relations 4 people  You are responsible for creating an announcement to be read to the school.  You are also responsible.
Ex 1: Write the equation of the graphed line in slope-intercept form.
Propagation For Profit Problem Solving. Plant Pot Prices 30p per pot 5 seeds 10p per pot 2 seeds Seeds are free!!!
Econoland How to Play.
Circular Flow Lesson 2, Activity 5 1. Give three examples of resource owners. Answers will vary, answer can be anyone who has land, labor, capital or entrepreneurship.
April 14, 2015Applied Discrete Mathematics Week 10: Equivalence Relations 1 Properties of Relations Definition: A relation R on a set A is called transitive.
Revenue, Profit, and Profit Maximization Micro Unit III: The Theory of the Firm.
PROFIT MAXIMIZATION QPTR I will continue using the demand example, which was -- We will use a new cost example.
Please form into groups of three. You are going to be working as a team. Three different types of jobs at the factory. Job 1-Color and design.
In Class – Week 2 Gains from Exchange Why do people willingly trade?
Do Now According to some reports, supermarkets make a profit of three to six cents for every dollar of revenue. Where does the rest of the money go????
Good Afternoon 9/15 HW # 1 Posted – due Thursday, 9/22. We will also have a big quiz (on 9/22) – a double quiz – so after next Thursday, we will have three.
Rabin Model of Monopoly Pricing. Preliminaries Monopolist has cost c per unit Consumer values the good  Monopolist picks price p  [c,  ] Consumer picks.
Understanding the circular flow of income. HOUSEHOLDS RESOURCE OWNERS Business firms Money payments Income payments Wages, Rent, Interest, Profits Consumer.
By : Marfuatun Laela. PROFIT/ GAIN PROFIT If the selling price > buying price. Note : Profit / gain : untung Selling price : harga jual Buying price :
OPTIONS Stock price at end of holding period Profit (in dollars) BUY STOCK BUY STOCK.
Business Understanding the Big Picture. A Note on Advertising.
PERSONAL TRAINING As a Profit Center THE PLATINUM SERIES The System That Works A FitTrac Module.
Lecture 2.  Option - Gives the holder the right to buy or sell a security at a specified price during a specified period of time.  Call Option - The.
Junior Achievement 2.1 “The Business of Business”.
Because cents make dollars By Mrs. Michelle Francois
STOCK MARKET PROJECT VSE Specifics. Do I have to do this project by myself?  No. You may pick ONE person to work with you or you may work alone.
The Apple Market Debrief. 1. At what price were apples most frequently sold in round Three?
Fish Banks: Anchors Away!
Monopoly The definition of monopoly The definition of monopoly –From the Latin: “single seller” A structural view A structural view –Unique product — famous.
Idea explanation To create a cheap product, which makes life easier for the customers, who can buy a very useful product for a low price.
Factors that Shift Demand & Supply. Variables that influence buyers 1 2 VariableA Change in This Variable... Price of the good itself Income Prices of.
Supply & Demand An Introduction. Introduction to Demand Based on consumer desires, abilities, and willingness 2 Factors: Price & Quantity How would number.
Savings and Investment Unit Project Student Name.
Law of Demand ~ the amount of a product people will buy at different prices $20 $18 $16 $14 $12 $10 $8 $6 Demand Curve (D)
TRADE SOL 12D. GLOBAL ECONOMY Worldwide market where the buying and selling of goods takes place.
Budgets and Businesses Workshop. Budget: is a plan that shows income, spending and saving. Income: Spending: Saving:
Investment Decision-making Learning Outcomes To be able to perform investment appraisal calculations (E) To be able to analyse the investment appraisal.
CALCULATING CAPITAL GAINS TAXES ON THE PROFITABLE SALE OF STOCKS.
 75m of the world’s hungry are a direct result of high food prices.
How do Stock Markets Work?. Stocks involve more RISK than Bonds.
By: Laura Capps. FIRST GRADE Purpose: To learn about patterns by counting by Two’s Five’s and Ten’s To learn about counting in everyday life i.e. money.
ECONOMICS BELL WORK TUESDAY, MARCH 29 TH What is the setting of this cartoon? What type of business usually lists its costs this way?
Savings and Investment Unit Project Student Name.
Let’s COUNT In tenths
Put option Example Right to sell at a strike price

O X X O O X X O X O X O O X O X O X Tic Tac Toe Graphical
Dr. Faughey – Oyster Bay High School –
10:00.
Find selling price or cost price
  30 A 30 B 30 C 30 D 30 E 77 TOTALS ORIGINAL COUNT CURRENT COUNT
Find profit or loss value
Given S.P and C.P Find Profit or loss % Start.
Presentation transcript:

Special Games to Introduce Profit Grade 6-8

If the price for 50 marbles = Rp5000, how much each marble costs ?

Yes, you’re right ! It costs Rp100 each.

Now, please select these options, count it to know which one generate the highest income  Selling them Rp200 each  Selling them Rp150 each  Selling them Rp100 each

Let’s count together ( ) x 50 = Rp5.000 ( ) x 50 = Rp2.500 ( ) x 50 = Rp0 So, You should choose Options #1

(200 x 50) – (100 x 50) = Rp5.000 Selling priceQuantity Capital PROFIT (price of each marble) You can buy.... MORE MARBLES