Science, asked by Anonymous, 4 months ago

What is Micro economics??​

Answers

Answered by ItzWinterBear
3

Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.

Answered by MysticalStar07
5

Microeconomics is the study of individuals, households and firms' behavior in decision making and allocation of resources. It generally applies to markets of goods and services and deals with individual and economic issues.

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.

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