Ben summons Nick and Sydney to the tree house. When they arrive, they find Penny and Ben frantically scribbling on paper. It turns out that Penny and Ben are designing and selling greeting cards- but they are not working together. They’ve gone into competition, and so they are competing to see who will sell cards to Nick and Sydney. Sydney explains the ways in which sellers compete - quality, customer service, design and variety, advertising and price.
Essential Question: Have you ever made a choice between two competitors? If so, what influenced your choice?
Learning Objective: Students will explain how sellers compete on the basis of price, product quality, customer service, product design and variety, and advertising.
Essential Vocabulary: benefit, buyer, consumer, market, positive incentive, price, producer, savings, seller
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