Describe factors that could shift the demand curve for the company’s product(Dominion Energy inc.)

Describe factors that could shift the demand curve for the company’s product(Dominion Energy inc.)

Select a Fortune 500 company (use this list for help identifying companies: http://fortune.com/fortune500/ (Links to an external site.) ). Look up the company’s annual report (Fortune (Links to an external site.) conveniently provides links to the annual reports for these companies). In a paper, (you might find this link (Links to an external site.) helpful for reading an annual report):

• Identify background information on the company, including the company name, ticker (stock) symbol, GICS Sector, and GICS Sub Industry.
• Summarize the products the company produces and sells and who their target customers are.

THE FIRST TWO BULLET POINTS SHOULD BE NO MORE THAN A 1-1.5 PAGES

• Describe factors that could shift the demand curve for the company’s product(s) (see the risk factors discussed in the K-10).
• Describe factors that could shift the supply curve for the company’s product(s) (see the risk factors discussed in the K-10).
• Describe whether the company’s product(s) would be expected to have an elastic demand or inelastic demand.
• Discuss the firm’s profitability with an explanation of the difference between accounting profit and economic profit.
• Examine the costs the company incurs and discuss whether the majority of costs are fixed or variable in nature.
• Describe the market structure that best describes the market the firm is in (see Modules 5 and 6).
• Analyze how the market structure affects the profitability and pricing power of the firm.

Adhere to the following standards:

• Your paper should be 8-10 pages in length, not including the title or reference pages.
• Your paper should include at least 5 scholarly
• SUGGESTED TO SELECT A COMPANY THAT IS NOT WIDELY KNOWN. NICHE COMPANY WOULD MAKE AN EASIER PAPER TO WRITE AND GRADE.

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