What are any major impacts of the macroeconomic business cycle on supply for the soft drink industry (NAICS 312111)- i.e. how might different phases of the business cycle impact the industry's ability to acquire inputs such as labor, capital or materials? Explain. Note: Do not discuss responses to demand-side changes but look for impacts that are independent of demand changes. Please included any referenced sources.

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The macroeconomic business cycle can have various impacts on the supply side of the soft drink industry affecting its ability to acquire inputs such a... View the full answer