97.4k views
3 votes
The study of the economic behavior and decision making of small units such as families, individuals, or businesses

User Donald Wu
by
7.4k points

1 Answer

4 votes

Answer:

"Microeconomics" is the study of the economic behavior and decision making of small units such as families, individuals, or businesses

Step-by-step explanation:

When we talk about microeconomics, it means that how an individual deal with time and resources or the decisions we made at individual level. We can also say that microeconomics is the study of individual market while macroeconomics is the study of national economy as a whole.

User Scott Bossak
by
8.2k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.