Hello Tutor,

Please help with the following,

Analysis

see what the demand for an aviation product (cargo, flights, military products) and discuss

• factors that influence demand,
• elasticity.

Choose your product or service from the aviation and aerospace industry and conduct a demand analysis. In your demand analysis be sure to address the following:

1. Provide the necessary background information so the reader understands the product, market, demographics, customers, producers, the perceived value of the product or service, competitors (direct and indirect), and market structure, the elasticity of the product or service.
2. Construct the demand function using multiple independent variables as a regression equation.
3. Discuss how the changes in different variables will influence equilibrium price and quantity.
4. Support your analysis with current examples illustrating one - three

Please cite sources if used.