Jess
Radio repair
- Can spend
- $30
- Parts needed
- 1 kit
Economics & Personal Finance · Repair-shop management
Manage a neighborhood repair shop across nine days. Choose jobs, buy parts, set prices, invest in equipment, and explain why cash, profit, debt, and net worth move differently.
Learning goal: Distinguish assets, liabilities, income, expenses, and cash flow while making and revising a fictional spending plan.
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FIX SOMETHING. BUILD SOMETHING.
Your challenge: keep the shop open for nine days, repair at least 18 items, finish with positive profit, and try to clear the loan. Explore the tradeoffs; a completed run can have different outcomes.
1 · Plan. Set a price, check customer limits, and buy parts. A bench unlocks lamp repairs.
2 · Repair. Each day has three slots. Bike and radio jobs use one kit; a lamp uses two.
3 · Close. Keep $12 for rent. Every third day, inspect four ledger records to open the next chapter.
Watch the money. A kit costs $6. Buying inventory changes the kind of asset you hold. Used parts become a cost of the repair. Borrowing creates debt; it does not create profit.
3 repair slots left today
Same posted price for any repair.
You may adjust it before the next order.
Choose the orders your time, equipment, and parts can support.
Radio repair
Bike repair
Lamp repair
Radio repair
Lamp repair
One parts kit $6 · Equipment $80
Fictional credit limit $120 · Borrowed $0
0 completed repairs · $12 rent due at closing
Open the shutters. There are five customers and only three repair slots today.
Fictional workshop. Customer budgets and prices are game rules. This short model leaves out taxes, depreciation, and loan interest; a real business plan needs those costs. Personal household information is never needed.
Reviewed NC references: EPF.MCM.1.1
Voluntary national references: Spending 12-1b
Compare the activity’s scope with your own course requirements. These connections identify practice opportunities; they do not establish full standards mastery or a match for every state.