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Describe Digital camera market and the market that commodity targets (geographic or demographic). State when, how, and why the commodity has become popular or less
Describe Digital camera market and the market that commodity targets (geographic or demographic).
- State when, how, and why the commodity has become popular or less popular.
- State the factors (demand determinants and supply determinants) that have caused its supply and demand to change and how those changes affected it price. Basically, why has demand and supply for that commodity changed?
Do you believe this commodity is profitable for its producers? Or should they provide something different instead? Or should they modify the commodity? Moreover, if you were to produce this commodity, what would you do to increase your revenue
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