micro economics interactions between
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- Microeconomics studies the decisions of individuals and firms to allocate resources of production, exchange, and consumption. Microeconomics deals with prices and production in single markets and the interaction between different markets but leaves the study of economy-wide aggregates to macroeconomics
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Microeconomics studies the decisionsof individuals and firms to allocate resources of production, exchange, and consumption. Microeconomicsdeals with prices and production in single markets and the interaction between different markets but leaves the study of economy-wide aggregates to macroeconomics.
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