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ECO/561 WEEK 4 BUSINESS PROPOSAL PAPER

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ECO561/ECO 561 Week 4 Business Proposal Paper

 

You will apply economic principles presented in Weeks One through Three in this week's assignment. Your assignment will be reviewed by your peers and by your facilitator in week five and should be revised as necessary based on feedback as the first part of the final assignment in week six.

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
  • Your proposal is consistent with APA guidelines

 

Click the Assignment Files tab to submit your assignment.

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[Solved] ECO/561 WEEK 4 BUSINESS PROPOSAL PAPER

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  • Submitted On 11 Jan, 2015 08:26:02
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Introduction

The present paper is in relation to mobile industry. The organization is working for the purpose of making sure that provides new product to the consumers. Fo...

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ECO/561 WEEK 4 BUSINESS PROPOSAL PAPER

Introduction

The present paper is in relation to mobile industry. The organization is working for the purpose of making sure that provides new product to the consumers. For producing new products to the consumers, it...

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