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Each team will be assigned a product where they will develop an analysis of the current price and forecast future price trends using the determinants

Each team will be assigned a product where they will develop an analysis of the current price and forecast future price trends using the determinants of demand and supply from Chapter 3. Each team will develop an eight to ten-page paper. Include in your paper a complete bibliography of your research, any graphs and data that are part of your analysis, and tie in material from chapter 3 as well as an analysis of the product's elasticity, its economic industry state (monopoly, oligopoly, monopolistic competition), costs, and consumer choice

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