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  3. 4. (a) are business managers microeconomic or macr

4. (a) Are business managers microeconomic or macroeconomic market participants? Explain. (b) Do most business managers...

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Economics

4. (a) Are business managers microeconomic or macroeconomicmarket participants? Explain. (b) Do most business managers havethe market power to significantly change market conditions?Explain. (c) Provide an example of a microeconomic event that wouldaffect firms. (d) Provide an example of a macroeconomic event thatwould affect firms. (e) Explain how a microeconomic view ofinternational trade differs from a macroeconomic view ofinternational trade.

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a Business managers are microeconomic members Microeconomics identify with the financial matters on an organization level and the elements which influences the particular business of an organization like income edges and profit While macroeconomics identify with the national and global occasions which influence the more extensive economy b Most business chiefs consider    See Answer
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