Economy, asked by abhinav5188, 1 year ago

what is vital component of microeconomics

Answers

Answered by ExpertSohanXLR8

1

Explanation:

Components of microeconomics: Demand, Supply, and Equilibrium. Elasticity. Theory of Consumer Demand.

Answered by xevilplaylistx

2

HEYA MATE !

The main tools are DEMAND and SUPPLY.

The vital components of Microeconomics are

Demand
Supply
Equilibrium
Elasticity
Theory of Consumer Demand

hope it helps

Life☯️Love❤️Peace☮️

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