Answered Oct 11, 2018
Microeconomics is about the study if economy at micro level.
It focuses on issues that affect individuals and groups. It studies economics at individual, group and companies level. It studies behaviour concerning distribution of scarce resources.
Answered Oct 25, 2017
Microeconomics is about study of economy at micro level
Microeconomics is economicanalysis that involves the study of the specific choices and decisions make by producers and consumers.
Answered Aug 28, 2017
Yes, i do agree with the first question which is-the study of economy at micro level...because it focuses on the nature of individual consumption and production units within a particular market/economic system.
Answered Aug 21, 2017
Forgot your password?