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Essay INTRODUCTION TO ECONOMICS
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Microeconomics is the study of individuals, households and firms' behavior in decision making and allocation of resources. It generally applies to markets of goods and services and deals with individual and economic issues The three main concepts of microeconomics are: Elasticity of demand. Marginal utility and demand. Elasticity of supply.
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Institution
University Of The People
Course
INTRODUCTION TO ECONOMICS
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Written for
- Institution
- University Of The People
- Course
- INTRODUCTION TO ECONOMICS
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- Uploaded on
- June 26, 2022
- Number of pages
- 9
- Written in
- 2021/2022
- Type
- Essay
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- Unknown
- Grade
- A+
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