(Solved) (a) Are business managers microeconomic or macroeconomic market participants? Explain. (b) Why do most business managers take market conditions
Question: (a) Are business managers microeconomic or macroeconomic market participants? Explain. (b) Why do most business managers take market conditions as given to their firm?
(c) Provide an example of a macroeconomic event that would affect firms.
(d) Provide an example of a microeconomic event that would affect firms.
(e) Explain how a microeconomic view of international trade differs from a macroeconomic view of international trade.
Deliverable: Word Document 
![[See Steps] -solving exercises: Use the arc-approximation](/images/solutions/MC-solution-library-75814.jpg "[See Steps] -solving exercises: Use the arc-approximation formula")
[See Steps] -solving exercises: Use the arc-approximation formula
![[Solution Library] (a) Is it economically fair](/images/solutions/MC-solution-library-75815.jpg "[Solution Library] (a) Is it economically fair (i.e., ethical)")
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(See Steps) (a) Explain how opportunity cost differs from accounting
(Solution Library) (a) Provide an example of how buying or selling
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