Economy, asked by marshllex1158, 1 year ago

What is Micro economics​

Answers

Answered by indukshaw2002
1

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.

Answered by RonakMangal
0

Answer:

MICRO ECONOMICS

Explanation:

Microeconomics is the science of how people make decisions at the small scale. It is different from macroeconomics which looks at how the economy works as a whole ("on aggregate"). ... Some parts of microeconomics include Consumer Theory and Theory of the Firm, which study how people and businesses make decisions.

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