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Grade 9-12
,
Lesson

Break-Even Analysis

Time: 70 mins,
Updated: March 26 2021,
Author: Andrea Caceres-Santamaria
Teacher Version
Objective Standards Summary Resources Procedure
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Objective

Students will be able to:

  • Identify and explain the difference between variable costs and fixed costs.
  • Define total cost and total revenue.
  • Analyze business costs and revenues to determine the number of units that must be sold to cover all operating costs.

Standards

National Standards in Economics

State Standards

Common Core State Standards

Concepts

Business Costs and Revenues, Goods and Services, Profit

In this personal finance lesson, students will use breakeven analysis formula to analyze investment options.

Resources

Procedure

Click NEARPOD VERSION: BREAK-EVEN ANALYSIS to access an interactive version of the lesson powered by Nearpod: students interact and respond to questions on their device, and teachers will see their responses in real time!

Subjects:

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