QUATER-1-PE-HEALTH-LC2- this is just a sample of unpacked lesson
Running in Place Lindsey Giaccio's Group
1. Running In Place Your One-Stop Crash Course on Economics By: Lindsey Giaccio, Marisol Cunningham Domenic Dehelean, Sarah Gibson & Matthew Posey
2. What Gets Produced is Affected by Consumer Needs Certain Features and Costs of a Product will attract Certain Consumers Athletes would go for Better Design and a Costlier Shoe, while Cheaper Material would be sought out by Money-Conscious Families
3. Cost & Resources Used Will Affect Consumer Interest Higher Quality Which Would Cost More to Produce Would Appeal to Those Seeking It Lower Quality that Costs Less Would Appeal to Those Just Looking for a Pair of Shoes
4. Self Interest Dominates How Resources Are Used Companies Will Use Resources That Will Make Them the Most Money, While Consumers will Buy What Makes Them Happiest.
5. You Should Appeal to the Wants of Consumers Consider What Materials to Use, the Skill of the People Product is Made By, and the Cost of the Entire Product in its Finalized State Consumers will Buy What Appeals to Them; Sculpt These Factors to Appeal to the Greatest Amount of Consumers
6. In Simple Words... Make the Shoe in a Way that Will Make the Most People Want to Buy It. Use Materials that are of High Enough Quality to Appeal to More People to Earn the Most Money.
7.
8.
9. Good Luck with Your Business! We Sincerely Hope This Helped!
