Question

what micro economic ​

Answer 1

Answer:

ANSWER 1 :-

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.

ANSWER 2 :-

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.

EXAMPLES :-

Here are some examples of microeconomics: How a local business decides to allocate their funds. How a city decides to spend a government surplus. The housing market of a particular city/neighborhood. Production of a local business.

Answer 2

Answer:

Micro Economics is the study of individuals, households and firms behaviour in decision making and allocation of resources.