Class notes
Microeconomics is the branch of economics that focuses on the behavior of individuals and firms in making decisions regarding the allocation of limited resources. It typically examines how these decisions and behaviors affect the supply and demand for goo
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Microeconomics and macroeconomics are two distinct branches of economics that focus on different aspects of economic activity. ### Microeconomics: Microeconomics deals with the behavior of individual economic units such as consumers, firms, and workers. It studies how these entities make decisi...
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