1. Sometimes early adopters pay a hefty price to be one of the first to own a tool or technology. Can you think of an example where the price of a good or service, when introduced, was very high, but still many consumers still wanted to be one of the first to buy it?
2. Select stock prices each for 4 quarters of any particular year for FCA and GM covering the same period (If you do not find quarterly data, take the average of the months and divide by 3 to get average).
3. Assume the invention of a competitively priced synthetic fuel that could supply 25 percent of U.S. energy needs within 20 years. In what major ways might this change the external environment of U.S. businesses?