You are in a team of economists working with an investment firm. Your manager informed you that a client has the intention to purchase a firm that has good potential and has assigned different teams to search for a firm, in order to be presented to the client for their consideration. The client does not need financial data at this point in time, but only wants your opinion of the firm, consumers and industry as a whole, regardless of these being favourable or unfavourable. Your team is to produce a report on the following: 1. Identify a firm in Malaysia that produces goods and/or services as a subject of your assignment. Provide background information of the firm such as: a. Industry that the firm is involved in e.g. food & beverage, manufacturing, property development etc. b. Brief background of the firm. c. Products of the firm. [10 marks] 2. For the company selected, use the following concepts to describe and apply on the chosen firm (producer), consumer and industry. If the firm has multiple products, choose only a maximum of two (2) products for your analysis. a. Scarcity b. Trade-off c. Competitors d. Demand and supply e. Elasticity of demand and supply f. Utility g. Market efficiency [35 marks] 3. Illustrate the following scenarios with relevant graphs and explanations of the effects: a. If the company introduced better technology to produce the goods/services; b. If the firm decides to introduce another complementary product; c. If the price of petroleum increased significantly; d. A competitor decreased its prices of goods/services sold; [20 marks] 4. Any additional information about the producer, consumers and industry in terms of costs, economies of scales, and any other relevant concepts. You may use assumptions and creativity to illustrate your point. [20 marks] 5. Conclusion and recommendation (e.g. what you think of the company after analysing all the above and would you recommend your client to purchase the company?) [10 marks] Formatting (clarity, conciseness and word count stated)