Assignment: Using the product from the week 1 assignment, utilize your analysis and recommendations related to supply, demand, and market equilibrium to analyze potential pricing strategies and construct recommendations on the recommended pricing for this item.
Apply your understanding of pricing concepts to the product and prepare an informative summary that could be shared with your supervisor. The completed assignment should be completed in Word (12 point Times New Roman or Arial font, double spaced) and be approximately 2-3 pages in length.