1. Running in Place Courtney Dierolf, Jack Robertson, Joshua Aragon, Jonathan Adams

3. No interference from the government.

6. Major factors of a factor market

7. Labor

8. Capital

9. Land and entrepreneurship

10. Labor Market- Human labor whose capital is based on ones skill. The price of labor is wage rate

11. Capital Market- funds firms use to operate production

13. Skilled Labor with out Beckett contract More Expensive shoe Better product Appeal to avid runnersbecause they are willing to buy the more expensive brands of shoes Wouldn’t sell to other people because of the cost

14. Unskilled Labor with out Beckett contract Make more shoes Avid runners won’t buy Cheaper shoe

15. Skilled Labor with Beckett contract More expensive shoe Appeal to avid runners because they want good quality shoes and are willing to pay for expensive shoes Willsell as much to other people because of the endorsement

16. Your best option! Unskilled Labor with a Beckett contract More profit because someone is endorsing it Make more shoes Middle and lower class familieswillbuy it Lower and middle class families make up most of society Contract with Beckett will help these shoes appeal to more people These shoes will be sold at familiar and common stores such as Footlocker and Wal-Mart.