1. Go to www.lemonadegame.com. This free online game places you in the role of a lemonade seller....

Question:

1. Go to www.lemonadegame.com. This free online game places you in the role of a lemonade seller.

Nothing could be simpler, right? Not so fast!

You still need to control costs and ensure that you have the right ingredients on hand to be able to sell lemonade. You will need to manage your supply of lemons, sugar, ice, and cups.

You will also have to set a price and decide how many lemons and how much sugar and ice to put in each glass of lemonade you produce.

This is not a trivial process, so play the game.

Your challenge is to make $20 in profit over the first five days. (Your business starts with

$20, so you need to have $40 in your account by the end of day 5 to meet the challenge. Are you up to it?)

Fantastic news! We've Found the answer you've been seeking!

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Related Book For  book-img-for-question

Principles Of Microeconomics

ISBN: 9780393679199

3rd Edition

Authors: Dirk Mateer, Lee Coppock

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