Prices, Elasticity and Competition

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Prices, Elasticity and Competition

RESEARCH PROPOSAL

This research is on the product of Nokia 8210,including the state of

price,the elasticity of demand and the state of competition which

affect Nokia 8210 and the firm in the mobile phone market.

The main obstacles are selecting information from the given resourses

awide range of information accurate. To get the most widely

information, I decide to do my survey on the internet.

How will I answer the questions :

1. How is the product affected by price and non-price competition?

-- Find out Change of price and change of demand in a certain period

to find the effect of price competetion.

-- Find the marketing strategies taken by Nokia8210 and its

competetors to find the effectof non-price competetion..

2. What is the elastisity of demande for Nokia 8210?

-- Find out Change of price and change of demand in a certain period

to work out the price elasticity .

-- Find out change of demand after change in income to work out the

income elasticity.

-- Find out the change of demand of other comodities after change of

price of Nokia8210 to work out the cross elasticity.

3. what competition affects Nokia 8210?

-- Find out Change of price and change of demand in a certain period.

-- Find the stratigies Nokia8210 and its competitor use in their

marketing?

4. Describe the market share of Nokia 8210 and all of the Nokia's

products.

-- Work out the market share by survey.

BRAINSTORMING:

About the product:

Because you have a keen eye for style, the Nokia 8210 is your

definitive accessory, formal or casual. To begin with, it has a

distinctively sleek shape that rests delicately on your palm. Weighing

only 79g it comes with sleek contours that make to Nokia 8210

appealing at all times. The keypad comes with a silver coating and

lends an attractive finishing touch to any of the changeable Xpress -

On front covers. More than a truly eye catching accessory, the Nokia

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