Thursday/Friday December 3-4 Work

Today we did the graphing from data taken off the Big Apple game.  If you missed class, you need to get the data from another classmate who was in class.

Make 5 line graphs (one for each round)
Answer the following questions.

1.  What is the price the apples are most frequently sold at in Round 3?

2.  In which round was there the greatest spread in price (range=lowest price to highest)?

3.  Why do you think prices became more concentrated (close together) at times? 

4.  Why did high profit takers have success? Ask students who made lots of money what strategies they used.

5.  What problems did you run into buying or selling?

6.  List 1 strategy that you employed to negotiate your prices.   Did your strategy work? Why or why not?

Supply and Demand Rap Song

Create a Rap song about Supply and Demand.  The song must have 20 lines and be school appropriate.  This is a mandatory assignment.  You don't have to rap it in front of the class.  If you want 10 extra credit points then you can rap it! Due Monday.