Question

what is micreconomy???​

Answer 1

Explanation:

Microeconomics is the study of decisions made by people and businesses regarding the allocation of resources, and prices at which they trade goods and services. ... Microeconomics focuses on supply and demand and other forces that determine price levels in the economy.

Answer 2

Answer:

Here's your 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.

• Individual actors are often grouped into microeconomic subgroups, such as buyers, sellers, and business owners.

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