This milestone, which covers Section II of Final Project Part I, should be a paper structured as follows:The Company being researched is Apple, Inc. Describe the price elasticity of supply or demand for your product or service. Explain how two nonprice factors impact the demand of your chosen product or service. Explain how two nonprice factors impact the supply of your chosen product or service. Define the industry and the market equilibrium associated with the product or service. Predict the effect of changes in supply and demand on the market equilibrium. Describe the decisions related to supply and demand for the product or service that you would make based on the predicted changes in supply and demand on the market equilibrium.This is a 3 page paper with ATLEAST 3-4 sources cited. Attached is the rubric. Please let me know if you have any questions at all. I have had a horrible time using CourseHero receiving responses that either don’t make sense or have awful grammar, so PLEASE at least run through a spell-check or grammar program. Thanks so much!