1) what to produce
2)how to produce
3)for Whome to produce
1)what to produce
2)how to produce
3)for whom to produce
Microeconomics focuses on the behavior of the individual's choice in allocating and dealing with scarcity, the major factor in economics. Small firms also belong to the individual group and thus are being studied by microeconomics.
The two major fields of economic study are macroeconomics and microeconomics. Macroeconomics deals with the large scale economic factors while microeconomics deals wit single factors of personal decisions.
What are the major goals in microeconomics?
Chapter 3 Problem 5
Microeconomics and macroeconomics are two major and are general fields of economics.
Who is the father of microeconomics?
Advantages of microeconomics ?
The two major divisions of economics are microeconomics and macroeconomics. Microeconomics refers to economics on an individual scale, such as a home or business. Macroeconomics refers to economics on a much larger scale, such as a region, nation, or even the entire world, depending on which you want to study.
what are the microeconomics problems in philippines
explain the types of microeconomics
Microeconomics refers to a small, localized economy.
microeconomics im not sure why