Microeconomics Home Work
Firstly , microeconomics. Supply and demand. To charge for. Individuals , households and firms. Price per unit. Supply and demand analysis. Exchange trade and distribution. That is not all what microeconomics analysing. In microeconomics is really important intermediary role. To sum everything up. Consumer and producer behavior , such as profit maximization and supply. Business forms. Production and scale. Cost measurement and minimization. Price elasticity. A factor of production. Market structures , such as perfect competition and monopoly , imperfect competition and market failure. The concept of utility. The opportunity cost. The opportunity cost. Production , pricing , employment. Factors of production. Opportunity cost. Associated opportunity cost. Consumers take opportunity costs. Factors of production. The result of investment. Working capital A legal entity. Big businesses , multinationals , conglomerates. Risk taking nature. Medium enterprise SME. Limited liability companies. Venture capital institutions. Canapply to the stock exchange. A public limited company Plc. A listed company. The open stock market. Publicly quoted listed companies. A statement of their financial position. Into state owned. Government owned companies.
Another things, which microeconomics analysis are economic activities: production, trade, distribution and consumption.
ii. Secondary production includes activities such as manufacturing and commercial agriculture.
Examples of middlemen include wholesalers, agents brokers and retailers. Wholesalers and agents sell goods to the retailers in large quantities. Retailers and brokers sell goods in small quantities to the consumers. So intermediaries ensure that in the market would be a seamless flow of goods by matching supply and demand.
1. Market structures, such as perfect competition and monopoly, imperfect competition and market failure;
2. Consumer and producer behavior, such as profit maximization and supply;
Further terms included in microeconomics and related to a company's activities are:.
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