Exam (elaborations) INTRODUCTION TO ECONOMICS
Microeconomics is the study of how individuals and businesses make choices regarding the best use of limited resources. Its principles can be usefully applied to decision-making in everyday life—for example, when you rent an apartment. Most people, after all, have a limited amount of time and money.
Written for
- Institution
- University Of The People
- Course
- INTRODUCTION TO ECONOMICS
Document information
- Uploaded on
- June 26, 2022
- Number of pages
- 10
- Written in
- 2021/2022
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
elasticity of demand marginal utility and demand elasticity of supply
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