ECO 561 Final Paper

Provide feedback on ''Business proposal-1'' using the ''Business Proposal Feedback Checklist''.  Include detailed, substantive comments.  see attached documents.

your feedback based on the following requirements that should be in business proposal-1:

Required Elements:

• Identify market structure
• Identify elasticity of the product
• Include rationale for the following questions:
• How will pricing relate to elasticity of your product?
• How will changes in the quantity supplied as a result of your pricing decisions affect marginal cost and marginal revenue?
• Besides your pricing decisions, what are your suggested nonpricing strategies? What nonpricing strategies will you use to increase barriers to entry?
• How could changes in your business operations alter the mix of fixed and variable costs in line with your strategy?
• No more than 1400 words
• Your proposal is consistent with APA guidelines