Unit 4: Lesson 23  Make a Profit: Do the Math Working as consultant teams, students use basic math to compute fixed costs, total costs, marginal costs, total revenues, marginal revenues, and profits (or losses) for a business. They determine the profitmaximizing quantity of output for the business, and analyze their results in terms of marginal revenues and marginal costs. Concepts:  Marginal Analysis
 Profit
 Marginal Cost
 Marginal Revenue (MR)
 Total Cost (TC)
 Total Revenue (TR)
Standards:  Standard #2: Decision Making
 Standard #14: Entrepreneurship
