microeconomic and macroeconomic factors
Not what you're looking for?
Discuss some of the microeconomic and macroeconomic factors a firm must consider in its own sales and profit forecasting.
Purchase this Solution
Solution Summary
Microeconomic and macroeconomic factors are summarized in this solution. References are also provided to further validate the findings.
Solution Preview
Discuss some of the microeconomic and macroeconomic factors a firm must consider in its own sales and profit forecasting.
Macroeconomics can best be described as the study of the large aggregates of the economy or the economy as a whole. Microeconomics is the study of the economic variables affecting individual unit in an economy. Suppose the firm is dealing into garments. Following factors can affect the firm's sales and profits:
1. Number of Close ...
Purchase this Solution
Free BrainMass Quizzes
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.