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How is microeconomics differed from macroeconomics?

Microeconomics focuses onto how decisions are made through individuals and firms and the effects of those decisions. For example, how much this would cost for a university or college to give a new course? (Involving the cost of the instructor’s salary, the classroom services and the class materials, and many more). Having found about the cost, the school can after that decides whether to offer the course.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9581447

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