BFE - Expenses, Revenue, and Profit Lesson

Expenses, Revenue, and Profit

Business Vocabulary

You may know some of the vocabulary listed below. Click on each word to view the definition. Write down the vocabulary words and definitions that you may not have known in your notebook. 

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Business Modeling

In Your Notebook: Watch the following video and take down important notes, such as formulas. Pause the video at times to attempt the practice examples on your own before viewing the solutions! This video will provide further explanation of the relationships between expense, cost, and profit.

 

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Business Modeling Practice

Using the data shown in the following interactive, create a scatterplot with a graphing calculator or a spreadsheet program. Determine the trend line for the cost function and for the revenue function. Then, click on the solution button to check your answers. Use the arrow on the bottom right to move between questions. 

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Business Model Matching Activity

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