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Microeconomic conditions facing connoisseur icecream

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Reference no: EM133519277

Question

Analyse the microeconomic conditions facing connoisseur icecream and two of its major competitors.

- Critically evaluate each brand's current patterns of supply and demand (consider sales, revenue, turnover, output and production)

- Explain the factors causing shifts to the left and right of supply and demand

- Analyse price elasticity of demand for each brand

- Evaluate the current market structure of the product category

- Evaluate the consequences of the current market structure for each brand.

Reference no: EM133519277

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