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Grade 3-5
,
Lesson

Competition Pizza

Time: 45 mins,
Updated: March 26 2019,
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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.
Subjects:
Economics