Microeconomics

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Microeconomics (frae Greek prefix mikro- meanin "smaa" an economics) is a branch o economics that studies the behavior o individual hooseholds an firms in makin decisions on the allocation o leemitit resoorces (see scarcity).[1]

References[eedit | eedit soorce]

  1. Marchant, Mary A.; Snell, William M. "Macroeconomic and International Policy Terms". University of Kentucky. Retrieved 2007-05-04.