Economy, asked by abhinav5188, 1 year ago

what do u understand by microeconomics​

Answers

Answered by riddhim93
1

Answer:

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

Answered by Jalay07
1

Answer:

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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