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Jun 11, 2014

#### introduction to microeconomics



There are two main approaches to the theory of consumer behaviour to demand in Economics. The first ...

Jun 11, 2014

#### introduction to microeconomics



Microeconomics - is concerned with decision-making by individual economic agents such as firms and consumers whereas Macroeconomics - is concerned with the aggregate performance of the entire economic system.

Jun 11, 2014



Jun 11, 2014

#### introduction to microeconomics



Production refers to the output of goods and services produced by businesses within a market. This production creates the supply that allows our needs and wants to be satisfied.
1. <...