Explain microeconomic factors of demand-production-cost


Discuss how the two cases in this chapter (Walmart vs Macdonalds) illustrate the major theme of this text: Changes in the macro environment affect individual firms and industries through the microeconomic factors of demand, production, cost, and profitability. Drawing on current business publications, find some updated facts for each case that support this them.

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Microeconomics: Explain microeconomic factors of demand-production-cost
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