Assignment: Choose a product (or group of products) that are significantly impacted by supply and demand. Imagine that you are the manager leading the team responsible for this product. You have been asked to share information with your supervisor as to the potential ways in which the product can be affected by supply, demand, and market equilibrium and the implications for strategic planning related to this project. Apply your understanding of these 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.