Economy, asked by rathoreanushka34, 1 day ago

what is microeconomics ? give example​

Answers

Answered by yogeshdhande07
2

Answer:

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Explanation:

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 prices and better compete.

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