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[DOCX File]college and career awareness activities for elementary and ...
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ACT’s Center for Equity in Learning and the American College Application Campaign (ACAC) are committed to increasing college access and career readiness through the dissemination of ideas, development of practices, and technical assistance for program implementation that creates or enhances a college-going culture.
opportunity cost example for kids

[DOC File]Opportunity cost activity - Foundation for Teaching Economics
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The opportunity cost of selling is giving up a perceived higher valued sale. Later in the day when there are few potential customers on the street, selling at a low price would not be perceived to be giving up the same higher valued sale. In fact the hot dog may be worthless if the vendor must take it home and throw it away, so the opportunity ...
opportunity cost activities for kids

[DOC File]Chapter 2
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The kids are marketed at four months of age. The total quantity of production is multiplied by the actual or expected price to determine value of production. ... The opportunity cost of labor is the return the resource can earn when put to its best alternative. If the operator decides not to assign a charge to the labor item, residual earnings ...
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[DOCX File]Mr. Stewart's Economics Blog
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The opportunity-cost equation simply tells you what the cost of your time is, not how you should spend it or how you want to spend it. If you would prefer to read a book than work another hour, that says that you value the time relaxing more than your wage rate.
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[DOC File]Virginia Tech Letterhead
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Natural Resources, Human Resources, Capital Resources, Producers, Goods, Services, Consumers, Specialization, Interdependence, Economic Choice, Opportunity Cost. Step 2 – Reading and literature application. If appropriate, have the children gather around to read one or more of the following books.
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[DOC File]RESEARCH PARTICIPANT CONSENT FORM
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I have had the opportunity to read this consent form and have the research study explained. I have had the opportunity to ask questions about the research study, and my questions have been answered. I am prepared to participate in the research study described above. I will be offered a …
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[DOC File]Opportunity Cost Work Sheet
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Opportunity cost . is one of the most important concepts in economics and is the basis of all economic decision making. The definition of opportunity cost is the value of any alternative you must give up when you make a choice. More specifically, it is the value of the next best alternative.
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[DOC File]Scarcity and Abundance
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What is more, there must be no opportunity cost in supplying it. For example, if the government supplies health care free to the sick, it is still scarce in the economic sense because there is a cost to the government (and hence the taxpayer). Two things that might seem to be abundant are air and water. Air.
opportunity cost for kids worksheets

[DOCX File]Useful Links When Studying Economics in Your Classroom:
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Alternative, Benefit, Choice, Cost, Decision, Opportunity Cost, Scarcity. Based on the book Uno’s Garden by Graeme Base, this lesson tackles a big question - economic development versus the environment. The first half of the book has 12 pictures with descriptions. The story begins with 9 animals, 100 plants and a snortlepig.
opportunity cost example for kids

[DOC File]Content Standards in Economics
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Opportunity cost. Circular flow of income and expenditure. Unemployment. Time Required: 2 - 3 class periods. Materials: Overhead transparencies of Visuals #1-5. Activity materials: 1-2 sets of individual role cards, pp. 15 -20 (laminated for future use) individual copies of Family Background handouts, pp. 9 -14 (laminate for future use)
opportunity cost activities for kids

Opportunity cost for kids