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Chapter - Demand Analysis
Individual Assignment
• Title: Demand, Supply, Elasticities and Sales of• Choose any one product/service.
Discuss the market demand and supply of the product/service.
Discuss how the concept of elasticities (price, cross and income) may influence the strategies to increase sale of the product.
• E.g. - marketing strategy, etc• Format:
- 1.5 spacing, 12pt Times New Roman- APA referencing style
Verified Expert
In this project the demand and supply of Coca Cola has been probed into. The report gave a brief insight into the marketing strategies that needs to be adopted by the company, while considering the elasticity in the demand and supply of the product as well as elasticity in the prices and sales. As per the report, the demand of the product, coca cola in this case, depends on three different elasticity of demand which are price, cross and income, in which the fluctuations in one factor leads to the fluctuation of the demand of the product.
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