Question

In: Economics

Name a good or a type of good (a) that you would like to learn more...

Name a good or a type of good (a) that you would like to learn more about, or else (b) that you would like to have and that you might consider buying in the next 5 years. Whether you pick (a) or (b), try to pick a somewhat unusual good that I or some of your classmates probably haven’t heard of. Describe the good briefly, telling why it is interesting or desirable.

Solutions

Expert Solution

Name a good or a type of good (a) that you would like to learn more about, or else (b) that you would like to have and that you might consider buying in the next 5 years. Whether you pick (a) or (b), try to pick a somewhat unusual good that I or some of your classmates probably haven’t heard of. Describe the good briefly, telling why it is interesting or desirable.

Product: Isophone - an underwater telephone system

I have a desire to buy an Isophone - an underwater telephone system which is designed by James Auger and Jimmy Loizeau. I am very fond of swimming and this is desirable to me as space-age device facilitate to communicate with other swimmers while splashing around in the pool. It's cost is nearly $1200 and I might consider buying in the next 5 years. It is essentially a telecommunications device giving a service that can be described simply as a meeting of the telephone and the floatation tank. When I user wears this helmet, it blocks out all peripheral sensory distraction whilst keeping the head above the surface of the water. A space is created for allowing a distraction free pure environment for making a telephone call, thus enabling to have fun as well as completing important professional tasks.


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