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In micro-economics, need is characterized as what a person needs to survive. This can be food, water, shelter, etc. Wants are what people want, but don't necessarily need.
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Definition of microeconomics in words of Adam smith and explain it?
This is the science of wealth according to Adam Smith. Microeconomics concentrates on small businesses instead of the whole country together.
Who is the father of microeconomics?
Who is the father of microeconomics?
What is the advantages of microeconomics?
Advantages of microeconomics ?
Why do you need study microeconomics?
You don't 'have' to study anything. You study to grow and learn.
In microeconomics what is the definition of a lumpy input?
An input whose quantity cannot be changed gradually but instead must be adjusted in a large jump.
Definition of microeconomics in words of Adam smith and explain it?
This is the science of wealth according to Adam Smith. Microeconomics concentrates on small businesses instead of the whole country together.
What is Definition and scope of microeconomics?
define law of demand.explain it with the help of schedule and digram. also write its assumption and limitation
Who is the father of microeconomics?
Who is the father of microeconomics?
What is the advantages of microeconomics?
Advantages of microeconomics ?
Why do you need study microeconomics?
You don't 'have' to study anything. You study to grow and learn.
In microeconomics what is the definition of a lumpy input?
An input whose quantity cannot be changed gradually but instead must be adjusted in a large jump.
What are the microeconomics problems in Philippines?
what are the microeconomics problems in philippines
bbs 1st year economics important questions?
explain the types of microeconomics
What is the best definition of microeconomics?
study of economics that focuses on individual areas of an economy such as businesses, households, and the personal buying habits of everyone in the society
What is the definition of a model in microeconomics?
A simplified representation of the economic functioning of any of the smaller units within a country's economy such as households, city government or a firm
What does the term microeconomics refer to?
Microeconomics refers to a small, localized economy.
Is tata group included in microeconomics or macroeconomics why?
microeconomics im not sure why
