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If you were an economist advising the business manager for Smithfield foods who is making the decision about pricing, what five (5) microeconomic and/or macroeconomic

  1. If you were an economist advising the business manager for Smithfield foods who is making the decision about pricing, what five (5) microeconomic and/or macroeconomic factors should the manager consider? Please just list the five factors.
  2. What one microeconomic and/or macroeconomic factor is the most important decision about pricing strategy? Explain why.In the long term or short term?

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