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Microeconomics is a branch of economics that studies the market behavior of individual actors (usually firms and consumers) and the aggregation of their actions in different institutional frameworks (usually the market).
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Is it possible to give, in economics, an example of a relation ( set of ordered pairs) that ...
Relations which are not functions are extremely, extremely, extremely common in all fields of study, and economics is no exception. Some examples are:
Most people buy multiple different products, so …