ou are going to examine the background factors of demand for this product now as of September 2018 by answering the following:
– What drives the preferences of the consumer of this product?Document with data.
– Describe the demographics of the consumer, including consumer’s current income. Document with data.
-Identify and document with data the product closest substitutes (major competition).
– Describe any documented forecasts for product price changes over the next year.
– How might expected future macroeconomic changes affect demand for the product over the next year?
use at least five sources and attach documentation
no more than 250 words.
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