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What is the difference between microeconomics and macroeconomics? Provide an example of each. Price discrimination. How can this...

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Economics

  1. What is the difference between microeconomicsand macroeconomics? Provide an example ofeach.
  1. Price discrimination. How can this be a goodthing for you personally?
  1.   Illustrate (draw) and explain theLaffer Curve. Where are we currently as a nation (in your opinion)on the Laffer Curve?

Answer & Explanation Solved by verified expert
4.3 Ratings (721 Votes)
As per the policy and time constraint I am answering question 1 only Kindly ask other questions policy in another go ans1 Microeconomics As the name suggests micro means small Microeconomics is the study of the behaviour of an individual or a single firm in decision making and allocating the resources Here we    See Answer
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