Week six profit and loss

This week in micro society, I have learned a range of different things. Like learning the meaning of profit. What does a profit mean? Well profit means the difference between the amount earned and the amount spent in buying.

We also found out why that would be good for our companies. If other companies have the same product, you would lower the price so more people would by your product which you would then have more money.

We also had a chance to have our first simulation, and got to sell different products that we made. So many people came to by the products I made. I had personal book marks, clay, and glitter bottles.

I had so much fun in micro society.