1. One characteristic of products that consumers used to value was that products were made to last. Now with technology products like cell phones, video games, and televisions, there seems to be a new version of the product that just came out, or is about to come out. Many consumers will buy the latest version even though the version they have still meets all their needs. What is the social value of this, and is it economic waste? (150 words) 

2. Evaluate the pay structure at your current job or a job you have recently had. How much do/did you know about the pay structure? Do you believe the pay structure is/was fair, or comparable to other jobs like it? (150 words)