Productivity and Graphing Linear and Quadratic Functions
Source: Council for Economic Education (EconEdLink) | Type: Lesson
In this lesson students interpret key features of graphs for both linear and quadratic functions in the context of total and marginal production. The lesson begins with a short video about a young entrepreneur who designed his own line of bowties. Students then predict the relationship between number of workers and production of bowties. Students test their predictions by participating in a production activity making paper bowties. Next, they sketch graphs of their total and marginal product, and describe the key features of their graphs. The lesson closes with students graphing two datasets and deciding which dataset most realistically describes the relationship between number of workers and production.
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