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Critical Thinking Questions Case 4-2 for His Proposal Writing, Nelson

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Critical Thinking Questions Case 4-2 For his proposal writing, Nelson sometimes needs some graphics that illustrate his points effectively. He knows that you have an expert eye for design - and you know how to use Word's SmartArt graphics very well, so he comes to you occasionally for tips. Nelson needs to illustrate the steps that have been taken over time to develop a local property. Which of the following categories of SmartArt graphic types is likely to yield a graphic that is useful to Nelson?


Definitions:

Luxury Good

A good for which demand increases more than proportionally as income rises, and is often seen as a status symbol rather than a necessity.

Coffee And Tea

Two popular beverages consumed worldwide, derived from brewing the roasted seeds of the Coffea plant and the dried leaves of the Camellia sinensis plant, respectively.

Skis And Ski Boots

Items used in the sport of skiing, where skis are long narrow platforms to glide over snow, and ski boots are specialized footwear that attach to the skis.

Cross-Price Elasticity

A measure in economics that shows how the quantity demanded of one good reacts to a change in price of another good, indicating their substitutability or complementarity.

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