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Category Archives: Microeconomics

Consumer Behaviour is the study of individual customers, organizations, or groups’ behaviour while selecting, purchasing, using, and disposing of the goods, ideas, and services so… Read More
In economics, demand is the quantity of a good or service that a consumer is willing and able to purchase at different price levels available… Read More
One cannot put a numerical value on the level of satisfaction gained from the consumption of goods. However, they can tell their preference between two… Read More
Microeconomics is a branch of economics studying the behavior of an individual economic unit. Adam Smith is known as the father of economics and microeconomics.… Read More
The degree of change (or the degree of extension or contraction in the demand curve) in response to a change in any economic factor related… Read More

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