Download pet_rock

The Pet Rock
50 pts.
Please conduct Internet research on the Pet Rock and locate the information
below. Please include a page that lists the web sites where your information
was found and reference these web sites in your answers.
Please use sentence format for all answers.
a. What is a pet rock?
_____ 5 pts
b. Who invented the pet rock and when?
_____ 5 pts
Gary Dahl 1975
c. What is the history of the pet rock including their cost? (minimum of 5
sentences)
_____ 10 pts.
Introduced in San Francisco, Idea for a pet with no hassle, easy to produce
d. What are the four factors of production for the pet rock?
_____ 10 pts
Natural: rocks
Labor: picking up rocks, delivery trucks, Packing rocks in boxes
Capial: delivery trucks
Entrepreneurial: Gary Dahl’idea
e. In relationship to the pet rock fad and your research, discuss supply and
demand (minimum of 4 sentences)
_____ 10 pts
Supply of rocks was high but he didn’t have that many ready at the beginning
Demand grew, but supply was easy o find. Demand stopped quickly because they were
so easy to get.
f. Sites and references listed in your work
_____ 10 pts.