Week6+7-profit and loss-supply and demand
Last week in microsociety we dicussed as class what was meant by profit and loss as a class and even watched a short video explaing itat the following website https://www.youtube.com/watch
.
?vlpx3jx UT0.
We also tried to work out if our if our company had made a profit or a loss.We also tried to keep our company ledger (sales sheet) up to date.After trading we looked as a class the concept of
supply and demand.
written by Akshaya Kiritharan