Economy, asked by aanshi694, 7 months ago

what is microeconomics and give examples

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Answered by shaiksumera005

Answer:

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. ... For example, microeconomics examines how a company could maximize its production and capacity so that it could lower prises and lower complete

Explanation:

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Answered by Anonymous

Explanation:

Microeconomics:-

microeconomics through the study of scarce resources, money prices, and the supply and demand of goods and services. For example, microeconomics is used to explain why the price of a good tends to rise as its supply falls, all other things being equal.

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