Explain the concept of microeconomics.

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asked Jul 26, 2021 191k views

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Sqoshu · Answer 1 · 2021-08-02T02:40:45+0000

Answer:

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.

Explain the concept of microeconomics.

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Explain the concept of microeconomics.