Question

When do we operate? Microeconomics

When do we operate? Microeconomics

Homework Answers

Answer #1

Micro Economics is a sub set of Economics.

It is concerned with individuals organizations and market.

Micro Economics is essential for our success when we are working in finance, serving the government or in the markets

It is used to study the human actions individually.

It shows the different values of different goods.

It Evaluates how the individuals make efficient decisions.

Micro Economics help investors see why the stock prices might fall or rise.

Therefore micro Economics is considered a more complete advanced science than macro Economics.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
14. In which region do we need to operate a BJT to use as an amplifier?...
14. In which region do we need to operate a BJT to use as an amplifier? 15. In which region do we need to operate a BJT to use as a switch? 16. Why is there are need to transition from IPv4 to IPv6?
Discuss how microeconomics and macroeconomics affect the flow of money within the Circular Flow Model. Do...
Discuss how microeconomics and macroeconomics affect the flow of money within the Circular Flow Model. Do you think firms could operate without households? Describe how these disciplines relate to the Circular Flow Model.
We are studing Principles of Microeconomics, Ch. 4: The Market Forces of Supply and Demand this...
We are studing Principles of Microeconomics, Ch. 4: The Market Forces of Supply and Demand this week. I need help on the below. Can you relate the real-world events that might be responsible for prices changes to any of the events responsible for either supply or demand shifts? ALSO we are reading Principles of Microeconomics, Ch. 6: Supply, Demand, and Government Policies and I need help with the below as well What are some examples of price ceilings and what...
When do we use Z-Test and when do we use t-Test?
When do we use Z-Test and when do we use t-Test?
when do we have double slit maxima? when do we have double slit minimal?
when do we have double slit maxima? when do we have double slit minimal?
How how do we support a patient, and their wishes; when we do not agree?
How how do we support a patient, and their wishes; when we do not agree?
Why do we maximize the Sharpe ratio when we do portfolio optimization?
Why do we maximize the Sharpe ratio when we do portfolio optimization?
How will what have you learned in microeconomics be useful to you in the future? Do...
How will what have you learned in microeconomics be useful to you in the future? Do you think it will help you in future classes? your careers?
When defining a system, what do we mean by history and what do we mean by...
When defining a system, what do we mean by history and what do we mean by potential? Then give an example of a system and describe it in terms of history and potential.
When we think of "capital budgeting" in for-profit accounting, what sorts of things do we do?...
When we think of "capital budgeting" in for-profit accounting, what sorts of things do we do? Should a government use any capital budgeting tools?