Market Day Evaluation

Last week on friday PBS had a Market Day to help us on our inquiry topic enterprise and economics. Our product was the Rainbow Crayons. Were Rainbow Crayons a good choice? They were good because we had a variety of different colours and shapes. They were cheap to make and looked really good in the end. Our gross profit was $96.00, our costs were $8.00 which made our net profit $88.00. We made our product with broken and used crayons and moulds that were gifted to us. So they were cheap to make and on the market day we sold our Rainbow Crayons for only one dollar. While we were doing our market day we could buy an ice block for one token because we used tokens to buy products from other classes not money.