(Answered) Required elementsidentify market structureidentify

Economics

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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Macroeconomics, Economics

Category:- Macroeconomics
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