Miracle Shield Auto Finish

Miracle Shield Auto Finish is the best car polish and paint protection available anywhere. It is a substitute for wax, but it protects and maintains the shine of a car’s finish at least 20% longer than regular car wax. It is sold in a bottle that is adequate for one application to one car. Regular wax, which is sold in a container that is enough for two applications, costs about $4.00/container.

Some cars (about half) have oxidized paint (no shine) at the time wax is to be applied, requiring cleaning with an oxidation cleaner before one can apply regular car wax. Oxidation cleaner costs $2.50 per bottle (good for one application) and can be applied in about the same time required to apply either an oxidation cleaner or regular wax, about two hours. An additional advantage of Miracle Shield, however, is that it both removes the oxidation and shines the car’s surface in one step. Consequently, Miracle Shield can be applied directly to a car’s surface that is already highly oxidized.

a) Making any reasonable assumptions that you need to make, estimate the economic value of Miracle Shield. (You may assume that Miracle Shield is the only alternative to car wax available in this market. You may assume a labor cost of a person’s leisure time who waxes his/her own car. Ignore the time value of money.)

b) There are a number of factors that influence price sensitivity other than “economic value.” Consequently, it may be the case that customers would not be willing to pay as much as this product is really worth, or may pay even more than it is worth according to economic value analysis. Please identify at least two other factors that could influence how much people would be willing to pay for this product. Explain how and why you think these other factors might affect willingness-to-pay in this case.

© 2018 Taylor & Francis

Are you looking for a similar paper or any other quality academic essay? Then look no further. Our research paper writing service is what you require. Our team of experienced writers is on standby to deliver to you an original paper as per your specified instructions with zero plagiarism guaranteed. This is the perfect way you can prepare your own unique academic paper and score the grades you deserve.

Use the order calculator below and get ordering with idealtermpapers.com now! Contact our live support team for any assistance or inquiry.

Type of paper Academic level Subject area
Number of pages Paper urgency Cost per page:

Purchase Guarantee

Why ORDER at IdealTermPapers.com?

  • Educated and experienced writers.
  • Quality, Professionalism and experience.
  • Original Content writing.
  • Best customer support.
  • Affordable Pricing on orders.
  • Thorough research.
  • Ontime delivery of finished work.
  • 100% plagiarism free papers.

Reasonable Prices

  • To get the best quality papers isn’t cheap so don’t trust extremely low prices.
  • We can’t claim that we have unreasonably low prices because low prices equal to low quality.
  • Our prices are good and they balance with the quality of our work.
  • We have a Moneyback guarantee.

Original and Quality work

  • Our writers are professionals and they write your paper from scratch and we don’t encourage copy pasting.
  • All writers are assessed and they have to pass our standards for them to work with us.
  • Plagiarism is an offence and it’s never tolerated in our company.

Native Writers plus Researchers

  • Our writers are qualified and excellent and will guarantee the best performance in your order.
  • Our team has writers who have master's and PhD qualifications who can handle any assignment
  • We have the best standards in essay writing.

We have been in business for over 7 syears

  • We have always served our customers from all over the world and they have continued to order with us.
  • We value our customers since they have trusted us to do their assignments.
  • We are competent in our writing gained from experience over the years
  • Our company has 24/7 Live Support.

You will get

  •  Custom Admission Essay written by competent professional English writers.
  •  Free revisions according to our revision policy if required
  •  Paper format:  275 words per page, Times New Roman font and size 12, doublespaced text and1 inch margin
  •  On time delivery and direct order download
  •  Privacy guaranteed

We can help you:

  •  acquire a comprehensive professional presentation.
  •  get a unique and remarkable content as per your instructions.
  •  Get an additional portion that can be included to your existing presentation;
  •  turn your work in to an eyecatching presentation with well communicated ideas.
  •  improve your presentation to acquire the best professional standards.