Grade 6 · The Market Year · Week 20

Pricing Against Somebody Else

Match, go under, or charge more. Three choices, and each one is a sum before it is an opinion.

This game goes with week 20 of the workbook. Do the page first; the game is for seeing the numbers move. Nothing you type is kept.

Work all three out

Their price is $4.00. Your cost is $ (the page uses $2.00; then put your own from the Market File).

ChoicePriceMargin $Sales needed for $30.00 profit
Match$4.00$2.0015
Under by 10%$3.60$1.6019
Over by 25%$5.00$3.0010

Going under drops your margin from $2.00 to $1.60, so you need 25% more sales just to stand still.

The challenge: a price war

Both teams start at $4.00 with a cost of $2.00. Each move sets a price 10 percent under the other team’s, to the nearest cent. You go first.

MoveWhoYour priceTheir price

The page asks who wins. Look at what each margin was before anybody moved.

The workbook: The Market Year (free PDF). The teacher guide: answers and watch-fors.

Other weeks with a game: 3 Out of a Hundred, 4 Markup Is Not Margin, 10 Revenue Is a Formula, 11 Change the Price, Change the Line, 12 The Market Detective, 21 What a Discount Really Costs, 22 Bundles, 23 The Share You Are Going For, 31 Your Share of the Market, 35 Did the Move Work?. All games.