Checkmate! For this activity you will act as the owner of a lemonade stand. In the game, you will purchase the lemons, ice, sugar and cups and create the prices for the lemonade you are selling. How the Game Works. This is a great game activity to teach students about many business concepts including price, supply/demand, expenses and profit.Students will…• Play 14 rounds of the Lemonade Stand Online Game and record their information/results for each round in a table• Determine how many supplies to purchase in SUPPLY CHAIN MANAGEMENT | SIMULATION REPORT SUBMISSION 4 HOW WE PLAYED THE GAME The simulation game we had to play involved making production, inventory and distribution decisions for the area of Pangea where we were given a factory and warehouse in one of the locations and we had to make decisions based on demand of product from different areas. You can challenge the computer, a friend, or join a match against another online player. Supply comes primarily from what group, The Law of Supply states that as prices increase, supply does this, When supply curve shifts to the right, what affect does it have on the equilibrium price, Give an example of a government action that can cause a shift in supply. Visit the Food Court to learn about business competition, supply and demand, the history of the FTC, and mergers and monopolies. Learn about demand-supply, production planning & inventory management. Click on each question to reveal its answer. Be careful! Divide the class in half. Supply and demand is an abstract concept. Visit the Security Plaza to learn about protecting your privacy (online and off), and protect the citizens of Earth against identity-stealing invaders. MR Williams. For each question below, interpret the graph and then click 'See answer' to check your answer. For example: Every store has a daily demand and a quantity of the demanded product in stock in the store. At the end of the game, you'll see how much money you made. For example: If lumber is not being highly traded/valued, draw the card that makes students lose this good. Coolmath Top Picks. ... Supply and Demand Review Game Terms and Concepts Introduction Defined in supplemental information Experience 1. Kongregate free online game Supply and Demand - Well, this isn't really a game. Play Supply and Demand You do not want to buy too many supplies because they could spoil. With e demand and price will increase; discuss this at the end of the lesson. Use the interactive graph below to discover how shifting the demand curve results in changes to price and quantity. Many third-graders have a hard time grasping that concept unless it is taught to them in a way that they can relate to. Write it down and play again to try and beat your score! supply or demand of a commodity that is highly in play. Supply and Demand Webquest. Play the classic game of strategy. 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