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Sagot :
There are different kinds of studies. Microeconomics studies the decision making of individuals about the allocation of resources is a true statement.
What is Microeconomics studies?
Microeconomics studies is known as the decisions of individuals and firms to share its resources of production, exchange, and consumption.
It is said to deals with prices and production in single markets and the the relationship between different markets but it does not involve the study of economy-wide aggregates as this is the aspect of macroeconomics.
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