I am doing a research paper on Chipotle Mexican Grill.
Below are the critical elements that must be addressed in the paper:
1. Explore the supply and demand conditions.
a) Evaluate trends in demand over time and explain their impact on the industry and the firm. You should consider including annual sales figures for the product your firm sells.
Conditions: Impact Effectively evaluates trends in demand over time and explains their impact on the industry and the firm
b) Analyze information and data related to the demand and supply for your firm’s product(s) to support your recommendation for the firm’s actions. Remember to include a graphical representation of the data and information used in your analysis.
Conditions: Firm’s Actions Analyzes information and data related to the demand and supply for the firm’s product(s) to support recommendation for the firm’s actions and includes graphical representation of data and information
2. Examine the price elasticity of demand for the product(s) your firm sells.
a) Analyze the available data and information, such as pricing and the availability of substitutes, and justify how you determine the price elasticity of demand for your firm’s product.
Price Elasticity of Demand: Analyze Analyzes the available data and information and justifies how the price elasticity of demand for the firm’s product was determined
b) Explain the factors that affect consumer responsiveness to price changes for this product, using the concept of price elasticity of demand as your guide. c) Assess how the price elasticity of demand impacts the firm’s pricing decisions and revenue growth.
Price Elasticity of Demand: Consumer Responsiveness Explains the factors that affect consumer responsiveness to price changes for the product using the concept of price elasticity of demand as a guide
Price Elasticity of Demand: Pricing Decisions Accurately assesses how the price elasticity of demand impacts the firm’s pricing decisions and revenue growth
The entire paper should be in Times New Roman 12-point font, double spaced, grammatically correct, properly cited.
I have attached a paper guide.
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