Why is it important that a local businessman should have an understanding of both micro and macro economics. Use any relevant examples to illustrate your answer

Discuss how a local producer manufacturing clothing would use supply and demand factors to ensure that their business ran in the most efficient manner possible. Use diagrams to illustrate your answer

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Why is it important that a local businessman should have an understanding of both micro and macro economics. Use any relevant examples to illustrate your answer

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An obtunded 84-year-old man is admitted to the hospital from the nursing home with a high fever.

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