SNICKERS CANDY BAR. Scenario:ÿYou have been given the responsibility of working with your organization’s CEO to do a competitive market analysis of the potential success of one of their existing products.ÿResearchÿan organization and a product produced by that organization in which an analysis can be conducted.ÿWriteÿa 2000-word analysis of the current market conditions facingÿ SNICKERS CANDY BAR, making sure you address the following topics:Define the type of market in which your selected product will compete, along with an analysis of competitors and customers.Analyze any comparative advantages and international trade opportunities.Explain the factors that will affect demand, supply, and prices of that product.Examine factors that will affect Total Revenue, including but not limited to:Price elasticity of demandFactors that influence productivityVarious measures of costs, including opportunity costsExternalities and government public policy and their effect on marginal revenue and marginal costRecommend how your organization can maximize their profit-making potential and increase their presence within the market served by the product.ÿCiteÿa minimum of three peer-reviewed sources from the University Library.Formatÿyour paper consistent with APA guidelines