If there’s anything we Americans love, it’s a good bargain. Coupons, discounts, sales extravaganzas, you name it. But are all deals created equal? And why don’t retailers just lower their prices instead of having sales every single day of the week?
In this lesson, students use unit rates and percents to explore the math and psychology behind retail discounts. They’ll also learn about JCPenney’s recent troubles, and discuss why people might like getting a great
deal more than they like getting a great
price.