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microeconomics: theory and applications with calculus global edition pdf free download

Microeconomics is a branch of economics that focuses on the behavior of individual actors within an economy, such as households, firms, and industries. It seeks to understand the interactions between supply and demand for goods and services, as well as how these interactions ultimately determine prices and quantities in specific markets. Microeconomics theory utilizes mathematical modeling, including calculus, to analyze and predict human decision-making and market outcomes. By applying these theoretical concepts to real-world scenarios, microeconomics can provide valuable insights into various economic issues and help inform policy decisions.

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