Homework  Using the product or service that you have selected for your assignments, read and reply to each of the prompts below: Microsoft · Would

Homework 

Using the product or service that you have selected for your assignments, read and reply to each of the prompts below: Microsoft

· Would you classify your product or service as inferior, normal, or luxury? 

· What are its substitutes and complements, if any?

· In what ways does your product or service provide utility to your customers?

· Name one strong utility feature and one weak utility feature of the product or service.

As described in the lecture, discuss one factor that has shifted demand OR supply of your product or service within the last year.

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Homework  JWI 515: Managerial Economics Academic Submissions and Evaluation © Strayer University. All Rights Reserved. This document contains

Homework  JWI 515: Managerial Economics Academic Submissions and Evaluation © Strayer University. All Rights Reserved. This document contains Strayer University confidential and proprietary information and may not be copied, further distributed, or otherwise disclosed, in whole or in part, without the expressed written permission of Strayer University. JWI 515 –