Economy, asked by msrawalmanadar, 9 months ago

what do mean by microeconomics? give 5 examples.​

Answers

Answered by queensp73
1

Answer:

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

Some examples of microeconomics include supply, demand, competition, and the prices of items.

Explanation:

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