It’s soap . . . shaped like a duck . . . with money inside!
One duck, ten questions:
1. Consumer question: What is the most you would pay for a bar of Money Duck soap?
2. Producer question: What is the least you would charge for a bar of Money Duck soap?
3. As a consumer, from the three sets of charts below, how likely do you want it to be for the package to have 1, 5, 10, 20, or 50 dollars?
4. As a producer, from the three choices above, how likely do you want it to be for the package to have 1, 5, 10, 20, or 50 dollars?
5. As a parent consumer who is buying this for their child to use, what is the parent’s likely motivation? What makes a grown person of experience buy soap, in the shape of a duck, with money in it, for their child?
6. As a grandparent consumer who is buying this for their grandchild to use, what is the grandparent’s likely motivation? What makes a wise person buy soap, in the shape of a duck, with money in it, for their grandchild?
7. As a potential investor (someone who gives money to a company and gets stock and profits back), how likely are you to invest in the company that makes Money Duck? What is your reasoning as an investor?
8. Thinking about your thinking: How are you making decisions about the soap? Are you thinking quantitatively (in terms of number and measurement) or qualitatively (senses and perception)? Are you most comfortable thinking about the soap as someone who . . .
. . . bathes regularly?
. . . is interested in the entertainment value (fun) of the soap?
. . . is interested in the money inside the soap?
. . . is interested in the profit from selling the soap?
. . . is interested in the company’s stock value?
9. What’s your question about the soap? If you did a Google search about the soap, what information would you be looking for?
10. Extra Credit: As a consumer or producer, use the graphing website http://nces.ed.gov/nceskids/graphing/classic/ to make the best distribution for yourself and copy it into this file. Ensure you identify whether you’re a consumer or a producer, account for 100% of the product (the sum of the bars or pies should equal 100) and give a reason for the distribution you’ve created.