Write a minimum of a 1,500-word analysis of the current market conditions facing your product, making sure that you address the following topics in separate sections with appropriate headings:

  • Define the type of market in which your selected product will compete, along with an analysis of competitors and customers.
  • Analyze any comparative advantages and international trade opportunities.
  • 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 and productivity.
  • Examine various measures of costs, including opportunity costs
  • Examine government public policy in relation to externalities in the market and the effect on marginal revenue and marginal cost
  • Recommend how your organization can maximize their profit-making potential and increase their presence within the market served by the product. This MUST be separate from the conclusion.

Cite a minimum of 3 peer-reviewed sources from the University Library in addition to your textbook.

The paper has an introduction that previews the main points of the paper and a conclusion that summarizes the main points of the paper.