Nike’s Price and Demand Conditions and Price Elasticity of Demand

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February 12th, 2023

What are the trends in demand and their trends over time that affect the industry and the firm?Examine the price elasticity of demand for the products Nike sells?Analyze information and data related to supply and demand to make recommendations for Nike. Analyze pricing and availability of substitutes to determine price elasticity of demand for Nike’s products. What are the factors that affect consumers’ response for price changes of Nike products?How does price elasticity of demand affect revenue growth and pricing decisions?

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