Results for tag: "Microeconomic Theory"

Microeconomic Theory is a branch of economics that studies the behavior of individual economic agents, such as households and firms, and how their decisions and interactions affect the supply and demand of goods and services in the market. It focuses on the decisions of individual agents and how they interact with each other in the market. It also examines the effects of government policies on the market. Microeconomic Theory is used to analyze the behavior of firms and consumers in the market, and to understand how the market works. It is also used to analyze the effects of government policies on the market. Examples of companies in the market include Apple, Microsoft, Amazon, Walmart, and McDonald's. These companies are all involved in the production and sale of goods and services in the market. They all have an impact on the supply and demand of goods and services in the market. Show Less Read more