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What are the objectives of microeconomics?

Updated: 8/22/2023

Wiki User

∙ 9y ago

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you little bumfl

Keshawn Ziemann ∙

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∙ 1y ago

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Wiki User

∙ 9y ago

Microeconomics involves the study of resource decisions at individual and business levels. The objectives of microeconomics is to understand the basic concepts of microeconomics, apply that understanding to contemporary economics issues, depict demand graphs, analyze supply issues, and understand the correlation between business costs, pricing and profit.

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Wiki User

∙ 10y ago

It provides tools and professionally established framework to analyze economic data concerning individual and group behavior and so to help in making decisions.

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Wiki User

∙ 13y ago

The objectives of the economics in Business and finance is to make financial and business forecasts based on trends of past performance.

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Wiki User

∙ 11y ago

you little bumfl

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