Microeconomics is the branch of economics which deals with individual units instead of whole market or economy. We are to help you in Microeconomics Assignment. Our daily life has lots of applications and uses of microeconomics. Microeconomics covers some of the very useful concepts such as Opportunity cost, Law of demand and supply, and Elasticity etc. We use those concepts very often in our daily life whether we study microeconomics or not. Microeconomics provides explanation about how prices, wages, rentals and interest rates are affected by demand and supply. Demand and supply is a basic concept in microeconomics which has very broader implications and it touches everyone’s life directly or indirectly.
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