Define microeconomics
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the part of economics concerned with single factors and the effects of individual decisions
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❣ᴍɪᴄʀᴏᴇᴄᴏɴᴏᴍɪᴄs ɪs ᴀ ʙʀᴀɴᴄʜ ᴏғ ᴇᴄᴏɴᴏᴍɪᴄs ᴛʜᴀᴛ sᴛᴜᴅɪᴇs ᴛʜᴇ ʙᴇʜᴀᴠɪᴏʀ ᴏғ ɪɴᴅɪᴠɪᴅᴜᴀʟs ᴀɴᴅ ғɪʀᴍs ɪɴ ᴍᴀᴋɪɴɢ ᴅᴇᴄɪsɪᴏɴs ʀᴇɢᴀʀᴅɪɴɢ ᴛʜᴇ ᴀʟʟᴏᴄᴀᴛɪᴏɴ ᴏғ sᴄᴀʀᴄᴇ ʀᴇsᴏᴜʀᴄᴇs ᴀɴᴅ ᴛʜᴇ ɪɴᴛᴇʀᴀᴄᴛɪᴏɴs ᴀᴍᴏɴɢ ᴛʜᴇsᴇ ɪɴᴅɪᴠɪᴅᴜᴀʟs ᴀɴᴅ ғɪʀᴍs.....
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