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List Examples of Content in Functional Social Studies and Explain

question 7

Essay

List examples of content in functional social studies and explain why it is important to teach content in a relevant and meaningful fashion? Give examples of lessons that match your states performance and content standards.


Definitions:

Cost-Plus Pricing

a pricing strategy where the selling price is determined by adding a specific markup to a product's unit cost.

Skimming Pricing

A pricing strategy where a high price is set for a new product to maximize profits layer by layer from segments willing to pay the high price before lowering the price over time.

Standard Markup Pricing

An approach to pricing in which a predetermined percentage is added on top of a product's cost to establish its market price.

Target Return-On-Sales Pricing

Setting a price to achieve a profit that is a specified percentage of the sales volume.

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