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finlep [7]
1 year ago
14

Economics can be divided into microeconomics and macroeconomics. One of these areas studies large units or groups and one studie

s small units or groups. Which do you think studies small units? why?.
Business
1 answer:
Maksim231197 [3]1 year ago
4 0

Microeconomics is the study of economics which study small units of economy.

What is microeconomics and macroeconomics?

The study of economics at the individual, small group, or business level is known as microeconomics. The study of a nation's economy as a whole is called macroeconomics, in contrast. Problems that affect both people and enterprises are the main emphasis of microeconomics. Macroeconomics is the study of issues that affect both the world and the nation.

What is the purpose of microeconomics?

The decision-makers can assess and decide how the productive resources are allocated for different goods and services with the aid of a study of microeconomics. Additionally, it aids in resolving the conundrum faced by producers on what to make, how much to produce, and for whom to produce.

Learn more about microeconomics: brainly.com/question/8102286

#SPJ4

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abruzzese [7]

Answer:

Personal-use

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Explanation:

There are three types of properties which are shown below:

1. Personal use: These properties which are used by a person for their personal purpose rather than business purpose like - clothing, jewelry, home, car for their comfort and enjoyment.

2. Personal: These include those properties which are movable or transferable for one place to other like - machinery, furniture, other building,  etc as per the needs.

3. Real: These properties include properties that are non-movable i.e land, building, canals, etc. This is also known as immovable properties.

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3 years ago
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Use your knowledge of the challenges new managers face to complete the following sentences.
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alukav5142 [94]

Answer:

A) lag the cycle.

Explanation:

One of the basic mistakes made by classical economists is that they believe that wages and employment are economic variables that can be easily controlled like money supply or interest rates, when actually they are extremely inflexible and they usually vary much less than the economic cycle.

For example, no employee will accept a pay cut, it is easier for the company to fire him than to convince him/her o earn less money. This is logical since I wouldn't accept a pay cut and you probably wouldn't either. Employment as a whole is more closely related (but in the opposite direction) to the inflation rate than to the economic cycle.

Even the government (at all 3 different levels) tries to avoid massive layoffs since a person fired is not simply a lower cost, but it has negative impacts on the economy as a whole and at social and community levels also.

You must also remember that it sometimes is much easier to fire someone than to hire him/her again or someone with similar skills to perform a job once the economy rebounds.

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