what do u understand by microeconomics
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microeconomics is a branch of economics that focuses on the behaviour of individual agents
2 . the object of the study of microeconomics is in general individuals families and companies
3. the study of the allocation of scarce resource is among the alternative purposes
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Hey mate here's your answer...
- Microeconomics from Greek prefix mikro- meaning "small" + economics) is a branch of economics that studies the behaviour of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.
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