I use this lesson as a summative authentic assessment for the Economic concepts of the Laws of Supply and Demand, Supply and Demand Curves, and Market Price (Equilibrium).
I divide my students into groups of 3-4 and have them create their own unique soda, product slogan, and graph the given supply and demand schedules to find the Market Price for their new soda.
This lesson requires poster paper, markers/colored pencils, and rulers and will take about an hour to complete.
This lesson inclu