The cost of your good or service is very important. People will not buy it if it costs too much money, but you will not make any money if it costs too little. Your task is to determine how much money your product is worth. This is very important because you want to make a profit.
Profit: the gain that is made after a product is sold
cost of item – cost to produce product = profit (extra $)
Play this short game to learn more about pricing your product so that you make a profit.
*Make sure to click on grades 3-5
http://www.richkidsmartkid.com/mini games/profit.htm
Steps to Follow: write the following on this worksheet
