Purpose of the session:
To discover needs of customers and sellers and to learn about bargaing
To discover needs of customers and sellers and to learn about bargaing
Description of the Activity:
- We divide students into groups of six/eight/ten (depending on the group size)
- Each gets a role: buyer or seller
- Buyers go to sellers to buy coffee and negotiate.
- They write down the prices in the score sheet
- Comparison of price vs demand
| Transaction | Amount on card | Price negotiated | Profit or loss |
| 1. | ________ | ________ | ________ |
| 2. | ________ | ________ | ________ |
| 3. | ________ | ________ | ________ |
| BUYER | SELLER |
| You want to buy a unit of coffee beans. You can pay ______ for it, but you want to pay the lowest price you possibly can, because the lower the price you negotiate, the greater your profit. | You want to sell a unit of coffee beans. It costs you ______ to produce it, but you want to sell it for the highest price you can. The higher the price you negotiate, the greater your profits. |
