what do you understand by micro economics?
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Microeconomics is the study of individuals, households and firms' behavior in decisions making and allocation of resources. It generally applies to markets of goods and services and deals with individual and economic issues.
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Microeconomics Definition: • Microeconomics is the study of individuals, households and firms' behavior in decisions making and allocation of resources. It generally applies to markets of goods and services and deals with individual and economic issues.
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