Determining Price

EQ - How is price determined so an entrepreneur can make a profit

1. Activator - Key Concept Check-in
1. Supply and Demand Quiz Review
2. The Profit Equation *PPT
1. Revenue
2. Expenses (Fixed/Variable)
3. Calculating Profit
4. The Supply and Demand Connection
5. Try It - Develop a Profit Equation
6. Making Connections
1. Answer all 3 LEQ's
2. Use your answers to explain how economic decisions are made.
7. Revisiting the Activator
1. TodaysMeet