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Essay Available:
Pages:
3 pages/≈825 words
Sources:
3 Sources
Level:
APA
Subject:
Business & Marketing
Type:
Term Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 15.55
Topic:

DEMAND, SUPPLY, AND PRICE EQUILIBRIUM. Business & Marketing Term Paper (Term Paper Sample)

Instructions:

For Term Paper #1 you are required to pick a product or service you use in your everyday life and describe the market for this product. Please make sure to address the following questions:
1. What factors influence the demand for this product? What factors influence the supply of this product?
2. How have these changes in supply and demand affected the equilibrium price of this product?
3. Do you anticipate any changes to the demand and/or supply of this product in the near future? If so, what is driving these changes?
Complete this essay in a Microsoft Word document in APA format. Your work will automatically be submitted to Turnitin for plagiarism review. Please note that a minimum of 700 words for your essay is required.

source..
Content:


DEMAND, SUPPLY, AND PRICE EQUILIBRIUM
Customer Inserts His/Her Name
Customer Inserts Grade Course
Customer Inserts Tutor’s Name
(Date)
Introduction
The daily life product that I have taken for this report is Colgate Tooth Paste. I have been a loyal user of this product for some years. The details of the market for this product will be discussed in the questions below.
1. What factors influence the demand for this product? What factors influence the supply of this product?
The main factor that influences the demand for this product is that it is an essential item for hygiene. Hence, generally, Colgate Tooth Paste follows stable and unchanging demand in a typical year. More so, this product has not modified itself tremendously in the last ten years, hoping that the loyal customer base will continue to use the product due to its simple features.

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