Performance Task Part II: Research EVALUATE DIRECTIONS: Use this information to guide your research relating to the product and price of the item you are using to complete your Performance Task. Use different websites to look at different prices and how well they are doing in the market place. To start, look at the company website and search for the product you're interested in. How much does the product currently cost according to their website? Even though we have not reviewed the stock market, looking at some of the numbers on how well the company is doing might give you a clue on what price point to put your product at. To look at stock information related to your product, search Google for your company name and add "stock" after the name. Once you search that, you should see a chart. That chart indicates how much it costs per stock in the stock market, which also indicates how well the company is doing. Also, feel free to do further research on your company beyond this. Use the space below to take notes on your research. lifelong California Economics LEP 2 HS - L4L Economics (2021) 28Part III: Chart Your Information DIRECTIONS: Use the chart below to graph your item's different price points and the fictional supply and demand for the item. Refer to the lesson on supply and demand for support with your chart. Price Quantity LEP 2 HS - L4L Economics (2021) 29 lifelong California EconomicsWrite down your top three favorite companies: 1. 2. 3r Out of those companies, which one are you the most interested in researching? This will be the company you focus on. From that business, what are your top three favorite items from that business? Out of those products, which one are you the most interested in researching? ___________\" This will be the product you research and create different price points for When you create your chart at the end of this Learning Events Packet. LEP 2 HS - L4L Economics (202]) @ \"felons California Economics 27 Performance Task Overview Performance Task Goal: I can understand how career choices will impact the income I will earn, and therefore, impact how my disposable income and credit cards are used within a budget. Background Your favorite company needs your help to look at supply and demand charts to identify what to price your favorite item from that company. Performance Task During this LEP, you demonstrate how supply and demand impacts price. Trends in the economy can impact the price and financial decisions consumers make. This Performance Task is broken into three parts. In Part I, you will identify the company and product you want to focus on. In Part II, you will research your company of interest for general financial information. In Part III, you will create a fictional chart or graph to present to the company to explain the best price point for the item you chose. DIRECTIONS: You will consider the following items while completing your chart or graph. 1. Different price points for the item. 2. Identify supply and demand trends for the item at different prices. Price p* Quantity lifelong California Economics LEP 2 HS - L4L Economics (2021) 26