Student Directions for Making Money from Lemons
1. Open Internet Explorer and go to the website:
http://www.coolmath-games.com/lemonade/.
2. Open your Excel data sheet for recording your information.
3. Before you begin your actual data collection, you might want to
experiment with how the lemonade stand runs for a few days.
Once you are ready, click on the “Bankrupt!” button to see your
results and start the game over.
4. Record all the decisions you are making in your excel sheet. Also
record your results.
5. Run your stand and record your data for 10 days.
6. After the 10th day, click on the “Bankrupt!” button to see your
final results. Did you make a profit?
7. Save your Excel data sheet and open up a Microsoft Word
document. Write the answers to the following questions:
a. How did you do? Do you think your lemonade stand was
successful?
b. What did you learn from playing the game?
c. Looking over your data, do you see any patterns?
d. What advice would you give someone who wants to be
successful at playing the game?