BUSINESS OF THE DAY: The Costs of Cups & Cones
TODAY'S AGENDA
Grab ice cream at an ice cream or yogurt shop. Ask your child to examine the different sized cup and cone options, and their respective prices. Talk through the differences.
THE PRESENTATION SLIDE WITH TODAY'S OBJECTIVES: Why You're Doing This
- Teach your child to understand that larger quantities are typically more expensive.
- Expose your child to another type of business and how they choose to price their product(s).
THE FAMILY CONFERENCE CALL: Questions to Talk About Together
- How much does the small-size cost? The medium-size cost? The large-size cost? What is the price difference?
- Which size is the most expensive? What size is the least expensive?
- Why are the bigger sizes more expensive and the smaller sizes less expensive?
- What’s the price difference if you get something in a small cup versus a small cone?
STOCK TIP
Parents, while you’re enjoying the ice cream, try exploring the receipt to find out which person’s treat was the most expensive and the least expensive. Ask your child to find the total at the bottom of the receipt.