is market demand the part of microeconomics
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Question given :
- Is market demand the part of microeconomics ?
Required answer :
- Yes , market demand is the part of microeconomics .
Reasoning :
To understand this we need to understand firstly that what is demand theory . The demand theory is the principle in economics that is related to the relationship in a consumer demand and the services available regarding that in the market . Among all other theories the demand theory is the most important core theory in microeconomics
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