deals with a microeconomic because it is the result of decisions that people and corporations make.
Describe "Microeconomics"
Microeconomics is the study of how people, households, and businesses make decisions and distribute resources. It mainly pertains to markets for products and services and addresses both personal and financial concerns.
The study of microeconomics focuses on the decisions people make, the factors that shape those decisions, and how those decisions have an impact on the supply, demand, and price of items on the market.
The probabilities (tendencies) that come from people making choices in response to shifting incentives, prices, resources, and/or production processes are the main subject of the study of microeconomics.
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