eco561 business proposal

Please see the attached paper (home Depot) and revise/make necessary corrections to be within the required elements for the asignmemt. due in 6 hours

the attached busniess propsal  must be revised to meet the criteria of the asignment. make the necessary corrections/rewrite the asingment.

Select a new, realistic good or service for an existing industry.

Write the economic analysis section of a business proposal.  This will include statements about the market structure and the elasticity of demand for the good or service, based on text book principles. You need to create hypothetical data, based on similar real world products to estimate fixed and variable costs.

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