Question by  misaela07 (3)

Microeconomics and macreconimics, how do the two approaches interrelate?


Answer by  Hypotypo (41)

Macroeconomic governed supply and demand of goods, in which improved infrastructure will crucially take effect for goods distribution, from this point microeconomics whereas the supply of each specific goods from different firms or businesses can be distributed to its consumer under manageable cost


Answer by  tamarawilhite (17883)

Microeconomics are the economics of individual decisions of a single person or organization or corporation. Macroeconomics are the economics of an entire society, region, or nation. Or, in some analysis, of the entire planet. Macroeconomics are driven by the microeconomic decisions of everyone.

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