Economy, asked by siddhiyadav2999, 1 month ago

Anower in detail :-

Explain meaning - definition and basic concepts of microeconomics
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Answers

Answered by arbind089
1

Answer:

Definition: Microeconomics is the study of individuals, households and firms' behavior in decision making and allocation of resources. It generally applies to markets of goods and services and deals with individual and economic issues.

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