Microeconomics is a subset of economics that focuses on the actions of the individual participants in the economy, including individual consumers and businesses. Unlike macroeconomics, which focuses ...
Log-in to bookmark & organize content - it's free! Economist and author Steven Levitt talks about microeconomics, macroeconomics and accidental experiments. Economist and author Steven Levitt talks ...
Fact checked by Ariel Courage Reviewed by Erika Rasure What Is Utility Function? A utility function measures a consumer’s preference and satisfaction with different goods or services. As part of ...
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