Economy, asked by ashutiwari8998, 11 months ago

what is micro economic ​

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Answered by queenlvu7276
0

Answer:

hey here is 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.

hope it help you

Answered by ademolaabraham02
0

Answer:

Microeconomics can be defined as a branch of economics that deals with the study of how an economy or individual decides about the allocation of new resources.

Microeconomics is very helpful in international trade. It shows how people and businesses function in a particular situation.

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