Essay Writing-Write a word analysis of the current market conditions facing your product, include graphs and charts showing knowledge of Cost Curves and make sure the following topics are addressed with specifc referencing to the product chosen:
Scenario: You have been given the responsibility of working with your organization’s CEO to do a competitive market analysis of the potential success of one of their existing products.
Research an organization and a product produced by that organization in which an analysis can be conducted.
Explain the factors that will affect demand, supply, and prices of that product.
Examine factors that will affect Total Revenue, including but not limited to:
-Price elasticity of demand
-Factors that influence productivity
-Various measures of costs, including opportunity costs
Externalities and government public policy and their effect on marginal revenue and marginal cost
