Understanding the Concept of Breaking Even

Overview:

In this lesson, students are introduced to the idea of break even, revenues and expenses (both fixed and variable). The lesson begins with a whole group discussion of these topics, applied to different business scenarios. In small groups, students work through calculating break-even points for businesses with fixed expenses only. Finally, students report of their findings and prepare for the subsequent lesson that extends beyond a simple fixed expense model to incorporate variable expenses as well.

Lesson Plan Details:

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