Sign up for a FREE EconEdLink membership for access to a dashboard to save your favorite lesson plans and other resources, as well as a  20% discount at the Council for Economic Education store, offering best-in-class publications including Financial Fitness for Life, and High School Economics. BECOME A MEMBER!

Grade 3-5
,
Lesson

Competition Pizza

Time: 45 mins,
Updated: July 9 2019,

Objective

Students will be able to:

  • Identify business competition in the community.
  • Explain how the opening of a second pizza shop in a small community affects prices, profits, service, quality and choices.
  • Identify benefits to consumers when competition is present in the marketplace.

Test

Tester

Subjects:
Economics