Discussion:
Demand for the organization's products
1. Select an organization, state the nature of this interest in your memo. It can be a publicity owned comapny, a non-profit organiation, or government. Refarin from using private compaines.
2. Conduct an analysis of the demand for the organization product and or services by:
a. Discussing the source of your numerical price and other data.
b. Discussing your approach to estimating demand
c. Computing and interpreting at least one elasticity measure. Place the details of your computation in an appendix.
3. In your memo, state why you believe that the organization should meet the increased demand or why it should scale back production and thus supply in anticipation of lower demnd