What is mean by micro economy
Answers
Answered by
5
Answer:
Microeconomics is the study of what is likely to happen (tendencies) when individuals make choices in response to changes in incentives, prices, resources, and/or methods of production. ... These groups create the supply and demand for resources, using money and interest rates as a pricing mechanism for coordination.
Answered by
17
Answer:
micro economy is the study of what is likely to happen (tendencies) when individuals make choices in response to changes in incentives, prices, resources, and/or methods of production. ... These groups create the supply and demand for resources, using money and interest rates as a pricing mechanism for coordination.
Similar questions