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Tags
#cfa #cfa-level-1 #economics #introduction #lol #microeconomics #reading-15-demand-and-supply-analysis-the-firm #study-session-4
Question

In studying decision making by consumers and businesses, microeconomics gives rise to the [...] and [...] as two branches of study.

Answer
theory of the consumer

theory of the firm

Tags
#cfa #cfa-level-1 #economics #introduction #lol #microeconomics #reading-15-demand-and-supply-analysis-the-firm #study-session-4
Question

In studying decision making by consumers and businesses, microeconomics gives rise to the [...] and [...] as two branches of study.

Answer
?

Tags
#cfa #cfa-level-1 #economics #introduction #lol #microeconomics #reading-15-demand-and-supply-analysis-the-firm #study-session-4
Question

In studying decision making by consumers and businesses, microeconomics gives rise to the [...] and [...] as two branches of study.

Answer
theory of the consumer

theory of the firm
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1. INTRODUCTION
In studying decision making by consumers and businesses, microeconomics gives rise to the theory of the consumer and theory of the firm as two branches of study. The theory of the consumer is the study of consumption—the demand for goods and services—by utility-maximizing individual

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