How can we help a local business make the most money?
Grade
9-12
Subjects
Career/Technical (CTE), Math
Key Content
business, marketing, algebra, quadratic, linear regression, pricing analysis
Taking on the role of market research analysts working for a locally owned company, students determine the most profitable price point for one of the goods or services the company sells. Students focus on the quadratic relationship of profit and unit price as well as the linear relationship between demand and cost as they gather and analyze data to establish suggested prices, develop reports, and present their findings to the company’s owners.