What action you take in manufacturing area of business


Problem

You are the CEO of Micro Tigers. You manufacture, frames, mirrors, and other home goods.

Recently inflationary pressures have actually resulted in better margins for you. While your costs have increase 5%, you have been able to price increases of almost 10%. This has resulted in increased gross margins.

As the CEO, you were fortunate enough, to take an economics class in Seneca. As such you understand the impact of price level on Aggregate Supply.

What action should you take in the manufacturing area of the business?

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Macroeconomics: What action you take in manufacturing area of business
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