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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

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