plore the supply and demand conditions for your firm’s product.a) Evaluate trends in demand over time and explain their impact onthe industry and the firm. You should consider including annualsales figures for the product your firm sells. b) Analyzeinformation and data related to the demand and supply for yourfirm’s product(s) to support your recommendation for the firm’sactions. Remember to include a graphical representation of the dataand information used in your analysis. III. Examine the priceelasticity of demand for the product(s) your firm sells. a) Analyzethe available data and information, such as pricing and theavailability of substitutes, and justify how you
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