Survey the prices of a particular product or service in three different locations near you. Explain why the price of the same product or service varies based upon what you have learned from this course. Follow the following steps to complete this assignment.

1. Describe the product or service of your choice. Clearly indicate when and where you survey and record the prices.

2. Use professional economic terms or theory to explain why the prices are different through your research. Note: Interview with the sellers/producers/store managers can be combined with your own analysis. Limit your answer to 500 words. Follow proper citation format in your reference.

Answer rating: 100% (QA)

Description of the ProductService and Price Survey The product chosen for this survey is a large pepperoni pizza from three different pizza parlors located in different neighborhoods in the city The s... View the full answer