Ask Question
17 December, 18:33

How is the model of microeconomic supply and demand different from the model of aggregate supply and aggregate demand?

+2
Answers (1)
  1. 17 December, 21:34
    0
    Aggregate supply and demand pertains to how groups of people do business. On the order of Adam Smith's, "Wealth of Nations". Or macroeconomics. Microeconomics usually deal with individual entrepreneurs or small groups of individuals so is business on a much smaller scale.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How is the model of microeconomic supply and demand different from the model of aggregate supply and aggregate demand? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers