Three important microeconomic indicators include price elasticity of demand, which measures how sensitive the quantity demanded of a good is to changes in its price; consumer surplus, which represents the difference between what consumers are willing to pay and what they actually pay; and marginal cost, which refers to the additional cost of producing one more unit of a good. These indicators help analyze consumer behavior and market efficiency at a more granular level.
1) what to produce 2)how to produce 3)for Whome to produce
importance of microeconomic
microeconomic
potang ina mo
microeconomic
1) what to produce 2)how to produce 3)for Whome to produce
importance of microeconomic
microeconomic
health care is a microeconomic issue as it is related to individual's whereas macroeconomic deals with economy as a whole.
health care is a microeconomic issue as it is related to individual's whereas macroeconomic deals with economy as a whole.
potang ina mo
lwando
microeconomic
microeconomic
why would you use 3 port valves on fire system riser pressure indicators
Macroeconomics uses a microeconomic foundation to make it analysis. Microeconomic theory often uses econometric data taken from macroeconomics to come up with theories of economic relationships.
Indicator ______________Color change ___________pH at end pointMethyl orange____________orange ---> yellow_______ 3.7Litmus__________________ red ---> blue___________ 6.5Bromothylmol blue ________yelow --->blue___________7Phenolphthalein___________Colorless---> pink________9.1