Parabolas for Profit
How can we help a local business make the most money?
In this project, students take on the role of market research analysts working for a locally owned company. Students analyze the linear relationship between demand and cost, along with the quadratic relationship of profit and unit price, to determine the most profitable price point for one of the goods or services the company sells. They gather and analyze data to establish suggested prices and develop and present their reports to the company’s owners.