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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).

5 votes

What is it about certain business types that seem to restrict how much large they can grow?

Lawns and snowy drives are not transportable. The further the workers have to travel to work, the lower the profit margin. On the other hand, it is possible to create a big organization with national …
alephzero's user avatar
  • 451
13 votes

Why is fuel more expensive on the high way in Europe?

There are two separate groups of customers for fuel: private individuals and commercial businesses. The drivers of most vehicles used for business are not paying for the fuel themselves, so they are …
alephzero's user avatar
  • 451