firm, or individual level. Microeconomics says that consumers will tend to buy fewer cars than before if a manufacturer raises the prices of cars. The price of copper increases if a major copper mine collapses in South America because supply is restricted. ...
Economics is divided into two branches, namely: microeconomics and macroeconomics. Microeconomics is always associated with the market, individual supply, and demand of the people. It focuses on the small and specific units of the economy, just like a worm’s eye view, that is, a closer and ...
firm, or individual level. Microeconomics says that consumers will tend to buy fewer cars than before if a manufacturer raises the prices of cars. The price of copper increases if a major copper mine collapses in South America because supply is restricted. ...
firm, or individual level. Microeconomics says that consumers will tend to buy fewer cars than before if a manufacturer raises the prices of cars. The price of copper increases if a major copper mine collapses in South America because supply is restricted. ...