Would you characterize product as either a classic or a fad


Problem

Construct a ‘biography' of a product, tracing its progress from the time it was introduced. How long did it take to diffuse to the mass market? Do the same consumers use the product now as those who first adopted it? What are its future prospects - is it destined for obsolescence? Would you characterize the product as either a classic or a fad?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: Would you characterize product as either a classic or a fad
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