Revenue, Costs, and Profit Activity-Marshmallow Towers

Revenue, Costs, and Profit Activity-Marshmallow Towers

Assessment

Interactive Video

Business

11th Grade - University

Hard

Created by

Wayground Content

FREE Resource

The video tutorial covers the concept of profit in business, emphasizing the importance of increasing revenue and reducing costs. It introduces a hands-on activity where students build towers using toothpicks and marshmallows, aiming to maximize profit by balancing height and cost. The tutorial explains how to calculate revenue and costs, including bonuses for tower integrity and strength. It also discusses fixed and opportunity costs, resource management, and the purchasing process. The session concludes with instructions for group work and planning to achieve the activity's objectives.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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