EQ - How do entrepreneurs make economic decisions?
- Activator - Hybrid Model Description (Identify Goals)
- Direct
- Introduction to Opportunity Cost
- Reflection Questions in Schoology
- Collaborative
- Factors of Production
- Evaluate and Sort Activity
- Independent
- Profit Equation
- Word Problem
- Application of Concepts
- Collaborative Pairs - Coffee Shop
- Reflection
- What factors of production were required to operate a successful coffee shop?
- Where did you experience opportunity costs during the simulation. Specifically describe the exact situation.
- How did you use the profit equation during the simulation to be successful?
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