How much did the first microwave oven cost?
Microwave oven
In 1947, Raytheon built the "Radarange", the first commercially available microwave oven. It was almost tall, weighed and cost about US$5,000 ($ in dollars) each. It consumed 3 kilowatts, about three times as much as today's microwave ovens, and was water-cooled. The name was the winning entry in an employee contest. An early Radarange was installed (and remains) in the galley of the nuclear-powered passenger/cargo ship NS "Savannah". An early commercial model introduced in 1954 consumed 1.6 kilowatts and sold for US$2,000 to US$3,000 ($ to $ in dollars). Raytheon licensed its technology to the Tappan Stove company of Mansfield, Ohio in 1952. They tried to market a large 220 volt wall unit as a home microwave oven in 1955 for a price of US$1,295 ($ in dollars), but it did not sell well.
Pot-in-pot refrigerator
Abba, who hails from a family of potmakers, tapped into the large unemployed local workforce and hired skilled pot makers to mass-produce the first batch of 5,000 Pot-in-Pots. He received the Rolex Award for Enterprise in 2001 and used his $75,000 award to make the invention available throughout Nigeria. Abba devised an educational campaign tailored to village life and the illiterate population featuring a video-recorded play by local actors to dramatise the benefits of the desert refrigerator. The pots sell at 40 US cents a pair.