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单词 microeconomics
释义 microeconomics

The micro aspects of economics, concerning choices. It considers questions such as: how is it decided, and how should it be decided, what enterprises should operate; what goods and services should be produced; what techniques of production should be used; at what prices should goods be sold, or on what terms should they be given away; and how should incomes be distributed amongst the members of society? Microeconomics is contrasted with macroeconomics, which is concerned with the size of aggregates such as employment and income, rather than their composition.

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