Lemonade Stand
From Eduwiki
Lemonade Stand by Debbie Ratynets
The goal of the Lemonade game is to make money from your lemonade stand business. You start your business with $20 in the bank; however, you have to use that money to buy supplies to start your business with.
• The amount of supplies needed is based on how much you think you can sell
o Lemons rots
o Ice melts
o Bugs can infest sugar
o Buying in bulk is not always cost effective
• How much you can sell depends on price, weather and taste
o The warmer the temp the more ice you need
o Warmer temp creates a higher demand which allows for a higher selling price
o Cooler temp depletes demand which lowers selling price
o Selling out quickly hurts profit
• Illustrates net profit and gross profit
o You might have a lot in the bank at the end of a day but you need to buy more supplies to stay in business
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