The COVID-19 Pandemic created significant shortages of consumer goods. One of the reasons for such shortage is the supply chain disruption. Discuss how the shortage of consumer goods has been addressed by producers and sellers. Your discussions should focus specifically on the supply chain issue. Avoid political discussions/opinions.
In a market economy, the price system facilitates allocation of resources. Discuss how a manager may contribute to the profit maximization goal of a firm by studying managerial economics.
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