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Market failure and Market structure.

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Nikko Bernhard

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Q: What are the examples of microeconomics?
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What are 2 examples of microeconomics?

The economic behavior of households and firms.


What are the 2 examples of microeconomics?

Market failure and Market structure.


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What are the examples of microeconomics related to human's life?

Microeconomics deals with economics at the level of the individual or the firm. Therefore, just think about what you did today. Every time you chose one soft drink over another you were dealing with micro, every time you chose to use a bus instead of a train....micro! almost every decision you face each day will relate to microeconomics in some way.


What are some example of microeconomics?

Example of microeconomics are :householdsbussiness firmsindustrial activities etc..


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What is an example of micro economics?

Two examples of Microeconomics are the distribution of income within the country and the nature of individual markets (i.e. Agriculture). Hope this helps (=