The goal of the game is to make the most profit, which of course is total revenues minus total cost. For each tower, each inch up to 4 inches is worth $1000, and every inch above 4 inches is worth $2000. The variable costs are marshmallows ($50), and toothpicks ($100). Each group has fixed costs of $1000, which do not change with output. Bonuses are given as well for being able to hold piece of paper for 5 seconds, and to be able to stand straight for 3 seconds. The group right below this won, with a profit of $12,300. Congrats!!
Well built tower below, very high revenue, but also high variable costs.
This one looks tasty. Unfortunately, not a winner.
Another good effort.
High marshmallow content, also high variable cost.
A great tower, but lots of variable costs.
4 comments:
very good! congrats!
I really enjoyed this hands on activity it was a fun and competitive way to learn about revenue, cost and profit.
-Talia S p.2
Hi James 'O'Malley'
Nice blog.
Do you have the worksheet to go with this?
Hey O'Malley,
Nice Work!
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