What is meant by Economic agents
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In economics, an agent is an actor (more specifically, a decision maker) in a model of some aspect of the economy. ... For example, buyers (consumers) and sellers (producers) are two common types of agents in partial equilibrium models of a single market.
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In economics, an agent is an actor (more specifically, a decision maker) in a model of some aspect of the economy. ... For example, buyers (consumers) and sellers (producers) are two common types of agents in partial equilibrium models of a single market.
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