Economy, asked by harshgaikwad2264, 1 year ago

the assumptions of microeconomics are unrealistic

Answers

Answered by sujoy967

1

Microeconomics studies the behaviour of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.The ultimate goal of economic science is to improve the living conditions of people in their everyday lives. Increasing the gross domestic product is not just a numbers game.

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