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Nearpod version available

Grade 9-12
,
Lesson

Using Slope to Compute Opportunity Cost

Time: 60 mins,
Updated: October 17 2023,
Author: Graham Long, Sharra Jones
Teacher Version
Objective Standards Summary Resources Procedure
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Objective

Students will be able to:

  • Define slope and opportunity cost.
  • Compute the slope between two points.
  • Use slope to interpret opportunity cost.

Standards

National Standards in Economics

State Standards

Common Core State Standards

Concepts

Decision Making/Cost-Benefit Analysis, Goods and Services

In this personal finance lesson, students will investigate opportunity cost by using slope.

Resources

Procedure

Click NEARPOD VERSION: USING SLOPE TO COMPUTER OPPORTUNITY COST 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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