The Virtual Learning Arcade is a series of models and simulations on various economics and business topics. Each simulation has a range of supporting materials including interactive worksheets, theoretical explanations and multiple choice questions. This simulation is based on a profit and loss account.
The Profit & Loss Account | |
The simulation
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This link gives you access to the simulation.
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Background information
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This link gives you access the issues surrounding the simulation.
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The effects of policies on ... the profit & loss account
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These links include interactive self-assessment questions looking at the effects of each policy
- Increase in indirect costs
- Increase in the price of the product
- Decrease in corporation tax
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Further questions
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These are traditional question types where the answers can include information on the simulation.
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