Question

What is microeconomics???​

Answer 1

Explanation:

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.

$\huge{♡}{\underline{\mathtt{\pink{|}\orange{|}{\red{A}\pink{n}\green{g}\blue{l}\purple{i}\orange{c}\red{-}\pink{B}\green{e}\blue{a}\purple{u}\orange{t}\pink{y}\purple{|}\pink{|}}}}}{♡}$

Answer 2

Answer:

1. 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.