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Activity

Sophia: Making Decisions

Curated by ACT

Notes and a video clip provide students with an introduction to the idea of marginal analysis and of how consumers and producers make decisions.

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Concepts
marginal analysis
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Additional Tags
accounting profit, capital, decision making, economic profit, explicit costs, implicit costs, marginal cost, margins, sophia, sophia learning, consumer decision-making process
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Classroom Considerations
  • Knovation Readability Score: 3 (1 low difficulty, 5 high difficulty)
Common Core
RH.11-12.7