- Half of you are buyers, half are sellers.
- Buyers can submit Bids. Sellers can submit Asks.
- Use the slider to choose a value and press Bid or Ask
- You buy an orange if:
- you click "Buy at Lowest Ask" OR
- you have the highest Bid and someone either clicks "Sell at Highest Bid" or asks less than your Bid.
- You sell an orange if:
- you click "Sell at Highest Bid" OR
- you have the lowest Ask and someone either clicks "Buy at Lowest Ask" or bids more than your Ask.
- The price of every transaction in your group is depicted in the chart on your screen.
- Buyers: The item's value is displayed on your screen. For each item you purchase
- Earnings = item value - price you pay
- Sellers: The item's cost is displayed on your screen. For each item you sell
- Earnings = price you receive - item cost
- Total earnings is equal to the sum of earnings from all your transactions.
- Transaction price = $1.08
- Value to buyer = $1.32; Cost to seller = $0.74
| Buyer | Value | – | Price | = | Earnings |
|---|---|---|---|---|---|
| $1.32 | – | $1.08 | = | $0.24 | |
| Seller | Price | – | Cost | = | Earnings |
| $1.08 | – | $0.74 | = | $0.34 |
