Need Help with Eco 561 Coursework Business Proposal

Need Help with Eco 561 Coursework Business Proposal

Question – You will apply economic principles presented in Weeks One through Three in this week’s assignment. Your _x000D_
assignment will be reviewed by your peers and scanned by your facilitator in week five and should be _x000D_
revised as necessary based on feedback as the first part of the final assignment in week six.​ Read the _x000D_
Week 5 and Week 6 assignments so you begin with the end in mind. _x000D_
Choose a business you have an interest in developing or an existing business you are interested in learning …Read More _x000D_
more about. _x000D_
Write the economic analysis section of a business proposal.  This will include statements about the market _x000D_
structure and the elasticity of demand for the good or service, based on text book principles. You need to _x000D_
create hypothetical data, based on similar real world products to estimate fixed and variable costs. _x000D_
Required​ Elements: _x000D_
â—Identify market structure _x000D_
â—Identify elasticity of the product _x000D_
â—Include rationale for the following questions: _x000D_
○How will pricing relate to elasticity of your product? _x000D_
○How will changes in the quantity supplied as a result of your pricing decisions affect _x000D_
marginal cost and marginal revenue? _x000D_
○Besides your pricing decisions, what are your suggested nonpricing strategies? What _x000D_
nonpricing strategies will you use to increase barriers to entry? _x000D_
○How could changes in your business operations alter the mix of fixed and variable costs in _x000D_
line with your strategy? _x000D_
â—No more than 1400 words _x000D_
â—Your proposal is consistent with APA guidelines _x000D_
Click​ the Assignment Files tab to submit your assignment. _x000D_
 …Read Less

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