(no subject)
Lauren Handman
Economics H*
1st Period
1/11/06
Glitter Hair Dye
The product we decided on producing is Glitter Hair Dye. The dye would be produced in factories and testing units. It’s for people who want to try new things and like glitter and dying their hair.
For the three factors of production, we will need enough land for the factory and testing units to be created on, workers and hair specialists for labor, and glitter, water, and plastic for capital production.
The Glitter Hair Dye is a good, meaning that it is used to satisfy the wants and needs of others. Our product’s utility is that it makes one’s hair a different style. (more specifically; glittery) The amount we are charging for the dye is $7.95.
Economics H*
1st Period
1/11/06
Glitter Hair Dye
The product we decided on producing is Glitter Hair Dye. The dye would be produced in factories and testing units. It’s for people who want to try new things and like glitter and dying their hair.
For the three factors of production, we will need enough land for the factory and testing units to be created on, workers and hair specialists for labor, and glitter, water, and plastic for capital production.
The Glitter Hair Dye is a good, meaning that it is used to satisfy the wants and needs of others. Our product’s utility is that it makes one’s hair a different style. (more specifically; glittery) The amount we are charging for the dye is $7.95.