Price Comparisons Vision of Prices Term Paper

Unleaded gasoline: Yes

Apple Computer: Definitely.

Technological has affected quality of these products?

Hershey's Milk Chocolate Bar: Maybe. Upgrades in equipment that contribute to saving time, may potentially adversely affect quality, as with time savings, company may allocate increased responsibilities to employees.

Pepsi: $.99 for a 2 liter bottle: Maybe. Same reasons given for Hershey's Chocolate Bar.

McDonald's hamburger: Maybe. Same reasons given for Hershey's Chocolate Bar and Pepsi.

Unleaded gasoline: Yes.

Improve techniques, including robotics in refining oil contributes to improving the quality of the tickets.

Apple Computer: Definitely. Today's computers have greatly improved to two technological advances fracturing them.

Based on what has happened to the purchasing power of people earning the minimum wage?

Hershey Bar: 1.45 oz - 40 cents; 1.65 oz cents/75 cent = 88% increase.

Pepsi: $.89 for a 2 liter bottle (historic food prices) = 11% increase.

McDonald's hamburger: 43 cents (historic food prices) = 130% increase.

Unleaded gasoline averaged 93 cents per gallon/$2.75 = 296% increase.

Mac Plus by Apple: $2,600/$2,299 = 11.5 decrease in price.

The federal minimum in 1986 was $3.35/$5.85 = 75% increase.

4. Customer to answer this..

Works Cited

Apple Store. (2007). 3 Oct. 2007. http://store.apple.com/1-800-MY-APPLE/WebObjects/AppleStore?node=home/desktop/iMac&aosid=p203&cid=AOSA10000007859&srccode=cii_10043468&cpncode=10-50119190-2.

Andelman, David a. "Don't Sweat Gas Prices" 3 Oct. 2007.http://www.forbes.com/business/2005/09/28/energy-gasolineprices_cx_daa_0929gas.html www.questiaschool.com/PM.qst?a=o&d=5001681470

Gibbons, Elizabeth, and Gerald F. Halpin. "Import Price Declines in 1986 Reflected Reduced Oil Prices." Monthly Labor Review (1987): 3+. Questia. 3 Oct. 2007 http://www.questia.com/PM.qst?a=o&d=5001681470.

A www.questiaschool.com/PM.qst?a=o&d=5001515228

Reiffen, David. "The Battle over Correcting the Consumer Price Index." The American Enterprise Mar.-Apr. 1997: 78. Questia. 3 Oct. 2007 http://www.questia.com/PM.qst?a=o&d=5001515228.

Respectfully Quoted: A Dictionary of Quotations Requested from the Congressional Research Service. Washington D.C.: Library of Congress, 1989; Bartleby.com, 2003. 3 Oct. 2007 www.bartleby.com/73/.

Shades of 1986?." The Washington Times 30 July 2006: B02. Questia. 3 Oct. 2007 http://www.questia.com/PM.qst?a=o&d=5015859360.

A www.questiaschool.com/PM.qst?a=o&d=5001132553

Siddiqi, Moin a. "Oil Prices Hit New Highs as Winter Demand Bites." The Middle East Jan. 2000: 29. Questia. 3 Oct. 2007 http://www.questia.com/PM.qst?a=o&d=5001132553.

Students Buy Texts Online to Save Money; Campus Bookstores' Prices Tripled since 1986." The Washington Times 12 Aug. 2006: A01. Questia. 3 Oct. 2007 http://www.questia.com/PM.qst?a=o&d=5016084048......