Discuss the relevance of Economics as Related to Organizational Success
XYZ Company is aware that both macroeconomics and microeconomics play a general role in its organization’s success. Top-level management has asked you to discuss how understanding one of the following topics is relevant to your organization’s success:
· elasticity,
· consumer choice,
· productions and costs,
· supply and demand,
· aggregate supply and aggregate demand, or
· macroeconomic measurements.
Your initial post should be roughly 150 words in length
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