Nearpod version available
Grade 9-12
,
Lesson
Break-Even Analysis
Objective
Students will be able to:
- Identify and explain the difference between variable costs and fixed costs.
- Define total cost and total revenue.
- Analyze business costs and revenues to determine the number of units that must be sold to cover all operating costs.
Concepts
![](https://preview1.econedlink.org/wp-content/uploads/legacy/EconEdLink-1193-.jpg 1w)
In this personal finance lesson, students will use breakeven analysis formula to analyze investment options.
Resources
Procedure
Click NEARPOD VERSION: BREAK-EVEN ANALYSIS to access an interactive version of the lesson powered by Nearpod: students interact and respond to questions on their device, and teachers will see their responses in real time!
Subjects:
Math