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RATES OF CHANGE (World of Math)
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RATES OF CHANGE (World of Math)

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Subject Social Studies
Grade Level Grades 9-12
Resource Type Lesson Plan
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About This Lesson

This lesson uses a video clip to introduce variable and fixed inputs. Students participate in an activity that demonstrates adding additional inputs to a fixed set of inputs that eventually leads to diminishing marginal returns and higher marginal costs of production. A slideshow provides students with economic information and mathematical calculations such as slope. The worksheet portion is a concrete example of the relationship between differing costs using the concept of slopes.

Resources

Files

Rates_of_Change___EconEdLink.pdf

Lesson Plan
February 13, 2020
594.44 KB

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