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Today's Jokes,
Trivia and Celebrity Birthdays
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June
12th Joke and Trivia
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A
History of Math Lessons
Math Lessons 1950
to date.
Teaching Math in 1950:
A logger sells a truckload of lumber for $100. His cost
of production is 4/5 of the price. What is his profit?
Teaching Math in 1960:
A logger sells a truckload of lumber for $100. His cost
of production is 4/5 of the price, or $80. What is his
profit?
Teaching Math in 1970:
A logger exchanges a set "L" of lumber for
a set "M" of money. The cardinality of set
"M" is 100. Each element is worth one dollar.
The set "C", the cost of production contains
20 fewer points than set What is the cardinality of
the set "P" of profits?
Teaching Math in 1980:
A logger sells a truckload of lumber for $100. His cost
of production is $80 and his profit is $20.
Your assignment: Underline the number 20.
Teaching Math in 1990:
By cutting down beautiful forest trees, the logger makes
$20. What do you think of this way of making a living?
Topic for class participation: How did the forest birds
and squirrels feel as the logger cut down the trees?
There are no wrong answers.
Teaching Math in 1993:
By laying off 402 of its loggers, a company improves
its stock price from $80 to $100. How much capital gain
per share does the CEO make by exercising his stock
options at $80? Assume capital gains are no longer taxed,
because this encourages investment.
Teaching Math in 1997:
A company outsources all of its loggers. They save on
benefits and when demand for their product is down the
logging work force can easily be cut back. The average
logger employed by the company earned $50,000, had 3
weeks vacation, received a nice retirement plan and
medical insurance. The contracted logger charges $50
an hour. Was outsourcing a good move?
Teaching Math in the new millennium:
A logging company exports its wood-finishing jobs to
its Indonesian subsidiary and lays off the corresponding
half of its US workers (the higher-paid half). It clear-cuts
95% of the forest, leaving the rest for the spotted
owl, and lays off all its remaining US workers. It tells
the workers that the spotted owl is responsible for
the absence of fellable trees and lobbies Congress for
exemption from the Endangered Species Act. Congress
instead exempts the company from all federal regulation.
What is the return on investment of the lobbying?
I
am.
is the shortest complete
sentence in the English language.
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June 12th
Birthdays:
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Anne Frank (1929)
George Bush # 41 (1924)
Jim Nabors (1932) |
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