1.   2. Product Design Pricing and Strategies 3. Chapter Objectives Differentiate between a product item andproduct line. Classify products as consumer goods or business…

Slide 1Intro to Econ Notes Slide 2 The basic economic problem is that ______________ exists. Productive resources are ____________, but our desire for goods (food, clothing,…

Slide 11 Slide 2 Unit 1: Basic Economic Concepts “Econ, Econ” Econ 2 Slide 3 Economic Terminology Utility = Marginal = Satisfaction! Additional! Allocate =Distribute!…

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Slide 1 Slide 2 When faced with SCARCITY of resources, decisions have to be made about how to use those resources Trade-offs Opportunity Costs Slide 3 Trade-Offs This is…

Slide 1 Slide 2 Product Design Pricing and Strategies 2 Slide 3 Chapter Objectives Differentiate between a product item and product line. Classify products as consumer goods…

Slide 1Economics Slide 2 Definitions: Section 1  Demand: Quantity purchased at a given price over a period of time  Supply: Quantity produced at a given price over…

Slide 1Unit 1 Problem Set Rubric Slide 2 1.Put away you pen and pencils 2.Put your name and write “Graded by:” 3.After grading each question, write in their score in…

Slide 1 Agenda- 12/2 1. Turn in 8.1 Labor WS, Tucker Questions, and Guided reading WS (yellow) 2. Current Events 3. Review Taxes and GDP 4. Unit 3 Quiz 5. Stock Market Game…

Slide 1 Chapter 8: Product Strategy Copyright © 2010 Pearson Education Canada Total Product Concept 1 A product is a combination of tangible and intangible benefits. The…