Eli Lilly and Company Economics Report. Has company grown over the years, how much, and why? this could include things such as mergers, innovative marketing, etc. What products and/or services that made by this company. A few goods and services this company sells, the price elasticity of demand for the goods and/or services. Demand inelastic or elastic? Pick at least one elastic and one inelastic good/service. General sturcture of the market this company in involved in. Is this a highly competitive marke, oligopoly, monopoly, or government regulated monopoly? Who are the major competitors? how and if government intervention has played a role in successes and fialures that his company has exeprienced over the years? How much of sales are exports to other countries (if any)? How has company handled and adjusted to shifts in demand over the years?