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Economics Class

October 23, 2014 @ 2:00 pm - 2:45 pm

Session Goal: To learn the basics of establishing product price based on costs of production

Concepts:  Overhead, Labor costs, Raw material costs

Students will use a price list for raw materials, labor, and overhead to determine the asking price of their featured product at their Hamburger Stand. There are four students in each group; there are three different groups of Hamburger Stands.

 

Details

Date:
October 23, 2014
Time:
2:00 pm - 2:45 pm