Market Day Evaluation

This terms inquiry focus is Enterprise and Economics. Being that we have focused on this for a few weeks now, panmure bridge held a market day, which meant each class was able to sell their own  items. As a class we all decided to hand make rainbow crayons. Rainbow crayons was a viable choice, because not only did the colurs attract our buyers, but we priced it right at $1. Our economic success was great, because we used recycled broken crayons, we were gifted the moulds and there were no labour costs. In total our gross profit was $96.00, but the net profit was $88.00, since we subtracted $8.00 from the 96. It was cheap to make, because our costs were low enough. Next time I would change where the stalls are being placed: e.g - to the court, because not only is it big enough for each class, but it'll make everything easier than placing stalls around the school.