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Graded Assignment Assignment 2: Economic Basics 29 Points Total Directions: This section of questions is based off of what you know. You are allowed to

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Graded Assignment Assignment 2: Economic Basics 29 Points Total Directions: This section of questions is based off of what you know. You are allowed to use your notes and unit readings but do NOT use the internet for these questions. Here is a video to assist you with the assignment: https:f/screencastomatICLomfwatchchVgWouQx 1. As we learned, Financial Planning is very important! What are two examples of how Financial Planning can help you? Explain how these two things are important to you personally. (2-3 sentences; 3 points} {Refer to Section 2.01: Learn: Financial Planning} 2. List one company that sell "Services" and identify the I\"Service" they provide. [1 point] If Refer to Section 2.01: Learn: Types of Commodities] 3. List two companies that sell "Goods\" and identify one \"Good" each company sells. (2 points] {Refer to Section 2.01: Learn: Types of Commodities} 4. In row 1 below, list three Direct competitors and explain why they are considered Direct competitors. In row 2 below, list three Non-competitors and explain why they are considered Non-com petitors. Use complete sentences while explaining your answers. {5 points) {' Refer to Section 2.02: Learn: Types of Competitors} Direct Competors Explanation: Non-Competitors: Explanation: 5. During the CCNIDl? pandemic, the demand for Uber Eats increased signicantly. Explain why the demand shift occurred and how this impacted employment at Uber Eats. [2-3 sentences; 3 points) {Refer to Section 203: Learn: Changes in Demand l 6. Imagine that you just turned 21, are moving out of your parent's home and off their budget. You must now purchase and pay for your own cell phone and plan. Describe at least two I\"Nonprice

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