Application of micro-economics in management of farm production

The use of micro-economic concepts in  farm decision making is very essential if the farmer is to achieve success.

To day we shall study the following.

  • Definition of microeconomics,
  • key concepts
  • Difference between microeconomics and macro economics.
  • relationship of keys concepts and its relevance in decision making.

https://community.macmillanlearning.com/t5/tag/microeconomics/tg-p/board-id/ec-blog

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