Answer to Question #73908 in Microeconomics for GODWIN
Microeconomics is a section of science that studies the work of economic agents: households, firms and states, as well as their interaction in the course of economic activity. The analysis is conducted at the level of concrete subjects, which allows solving the problems facing a particular legal or physical person. The key issues that are studied in microeconomics are consumer and producer problems, market equilibrium, economic efficiency, and much more.
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