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The word microeconomics gets from the Greek words p (little, minor) and olovoa (economy). Microeconomic concentrate generally has been performed by broad balance hypothesis,

The word microeconomics gets from the Greek words p (little, minor) and olovoa (economy). Microeconomic concentrate generally has been performed by broad balance hypothesis, created by on Walras in Elements of Pure Economics (1874) and fractional harmony hypothesis, presented by Alfred Marshall in Principles of Economics (1890).

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