Advise a small business
Perfect Price
A higher price means more profit… right?
Balance the price customers pay with how many will buy. Find a pricing decision you can back up with math.
Bring this case to your studentsThe setup
A business can earn more on each sale and still bring in less overall. Students investigate the relationship between price, demand, costs, and profit, then use a mathematical model to make a recommendation.
What students do
- Compare sales and profit at different prices.
- Connect a demand rule to a table, a graph, and a profit equation.
- Identify a strong price and explain the tradeoff it represents.
What they take with them
Students see why the highest price and the highest profit are different goals, and how a function can make a business decision clearer.
A case for your students.
Let’s find a workshop that fits your group.