Write down economic analysis section of business proposal

Assignment Help Microeconomics
Reference no: EM13452210

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

Reference no: EM13452210

Questions Cloud

Determine the contribution margin per haircut suppose that : andre has asked you to evaluate his business andres hair styling. andre has five barbers working for him. andre is not
You are the cio leading a km committee for a big : question 1 you are the cio leading a km committee for a large multi-specialty physician group practice. what dimensions
The following is a list of activities that occur for a : the following is a list of activities that occur for a company that sells many different types of products. please
What seems to be the strengths and the weaknesses of each : oslash select a problem that you know is currently receiving the attention of the helping professions. discuss how each
Write down economic analysis section of business proposal : you will apply economic principles presented in weeks one through three in this weeks assignment. your assignment
Write down a 1400- to 1750-word paper which describes the : identify a governmental agency that regulates prison health care. write a 1400- to 1750-word paper that explains the
What are the purpose goals and mission of the human : oslash select a problem that you know is currently receiving the attention of the helping professions. discuss how each
Reflect on the ethical principles of the autonomy and : 1. in 3-5 paragraphs reflect on the history of abortion laws and the recent challenges to these laws in the united
Based on the segment income statement below sorbet is : based on the segment income statement below sorbet is considering eliminating itsnbspmangonbspline.revenue

Reviews

Write a Review

Microeconomics Questions & Answers

  What is zyngas profit-maximizing number of games

What is Zynga's profit-maximizing number of games to be published and what is the total amount of the externality at Zynga's profit-maximizing quantity?

  Demand curve and price equilibrium

Describe how each of the following will affect the price and quantity of equilibrium. To find out the new values, describe how the supply and/or demand curves will shift in the following cases (if at all).

  State the effect on the entire banking system

Mr. Smith, a holder of a deposit account in Bank of Summertime, withdraws $ 2000 and immigrates to Wintertime. Show the position of the bank after it has adjusted to the withdrawal. (Assume no cash drain).

  Find the equilibrium price and quantity for market

Find the equilibrium price and quantity for this market and Draw the budget constraint between "leisure hours" on the horizontal axis and "wage income" on the vertical.

  What happens to aggregate output and the price level

(Aggregate Demand and Supply) Determine whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, neither, or both. Which curve shifts, and in which direction

  Yumi is a lawyer specialized in mampa when she takes a case

yumi is a lawyer specialized in mampa. when she takes a case she receives 1000 as a basic payment. if she manages to

  Outline a microeconomic reform issue that is relevant to

outline a microeconomic reform issue that is relevant to the australian economy and how successful do you think these

  How to prepare a vertical analysis of the balance sheet data

Total liabilities and stockholders' equity $200,000 $210,000 Instructions (a) Prepare a horizontal analysis of the balance sheet data for Conard Corporation using 2011 as a base. (b) Prepare a vertical analysis of the balance sheet data for Conard Co..

  Imposition of quotas on foreign steel sold in the us

Why might U.S. steel-using firms lobby against the imposition of quotas on foreign steel sold in the United States?

  Economists assume that individuals

Suppose the consumption function is: C = a1 Yd + a2 WRE/S + a3CC Where all the a's (the sensitivity parameters) are greater than zero. Initial conditions: Let a1 = 0.60, a2 = 0.04, a3 = .5, WRE/S = 18,000: CC = 90 Solve for C in terms of Yd. Se..

  Describe the disturbance to the usual behavior of inflation

An inflation shock is a disturbance to the usual behavior of inflation that shifts the IA line. A supply shock is a change in the natural rate of output. Graph the long and short run effects of a positive inflation shock and a negative supply shoc..

  Demand curve for einsteinss bagels

Calculate the price elasticity of demand for Einstein's Bagels and explain what it means and derive an expression for the (inverse) demand curve for Einsteins's Bagels.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd