Business Studies, asked by zaranisar553, 7 months ago

Why it is not possible to accept or reject any microeconomics theory with a perfect certainty

Answers

Answered by Anonymous

8

Explanation:

The specific concepts being focused on are:

marginal utility and demand.

diminishing returns and supply.

elasticity of demand.

elasticity of supply.

market structures (excluding perfect competition and monopoly)

role of prices and profits in determining resource allocation.

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