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Microeconomics is the study of the economic interactions between

Brandon Scott

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Roger Moore on January 30, 2019

Microeconomics is the study of the interactions of economic between individuals and companies (Mikro is a Greek word for small), and is a branch of economics that is opposed to Macroeconomics, the study of the economic system involved. Microeconomics deals with concepts such as demand, supply, and market equilibrium, the structure and the cost of production, just to name a few.


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