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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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Except you didn't go further: If the demand increases and this leads to an increase in price -> price increase will then lead to a decrease in demand. Remember that demand will decrease when price i …
answered Aug 15 '17 by ssn
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Must admit it has been many years since I have done advanced calculations or anything remotely like it, so please bear with me. I have problem that I hope to get some help with. Say I have below datas …
asked Aug 3 '18 by ssn