XYZ Company is aware that both macroeconomics and microeconomics play a general role in its organization’s success. Top-level management has asked you to discuss how understanding one of the following topics is relevant to your organization’s success:

· elasticity,

· consumer choice,

· productions and costs,

· supply and demand,

· aggregate supply and aggregate demand, or

· macroeconomic measurements.

Your initial post should be roughly 150 words in length