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The goal is to replicate a real life product development and familiarize students with the invent process of a system, component, or process to meet desired wants within realistic constraints such as economic, environmental, social, political, ethical, health and safety, manufacturability, and sustainability.
Requirements
a. Make a problem statement.
- Recognize the need and criteria for acceptability
a. Suppose the demand for saline solution is perfectly inelastic for contact lens wearers. If the government imposes a tax on saline solution, what occurs? Be sure to tell what hap
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under which market structure does the banking sector fall?
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