1. choose a good that you are familiar with, such as a t-shirt, a tennis racket, a cupcake, a pair of sunglasses, or any other good. be sure to choose something specific. then, analyze its economic utility, using the questions below. a. describe the good you chose to analyze. (1 sentence. 0.5 points) b. describe the form utility of this good. is the form utility good or bad? can you think of ways to improve it? (2-5 sentences. 1.0 points) c. describe the place utility of this good. is the place utility good or bad? can you think of ways to improve it? (2-5 sentences. 1.0 points) d. describe the time utility of this good. is the time utility good or bad? can you think of ways to improve it? (2-5 sentences. 1.0 points) e. describe the possession utility of this good. is the possession utility good or bad? can you think of ways to improve it? (2-5 sentences. 1.0 points) f. describe the information utility of this good. is the information utility good or bad? can you think of ways to improve it? (2-5 sentences. 1.0 points)
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