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2.) He must sell the balloons by pack.
Micro Economics is applied to all individuals in all spheres of business - from the consumer, the one who buys and uses the end products, to the producer, the one who makes the product. The producer and the entrepreneur must decide whether there is a viable market for his proposed product and how much he must ultimately produce to satisfy the demand, and how much it will cost...
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2.) He must sell the balloons by pack.
Micro Economics is applied to all individuals in all spheres of business - from the consumer, the one who buys and uses the end products, to the producer, the one who makes the product. The producer and the entrepreneur must decide whether there is a viable market for his proposed product and how much he must ultimately produce to satisfy the demand, and how much it will cost...
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