Determine how pricing relates to elasticity of demand for competing models.

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Determine how pricing relates to elasticity of demand for competing models.

a new, realistic good or service for an existing industry, preferably an industry you current work in or one in which you are interested in working.

a 1,400-wordevaluation of pricing strategies available producers of your selected product.This will include statements about the market structure and the elasticity of demand for the product, based on text book principles and real world products under development.the assignment consistent with APA guidelines.