Which problems of an economy constitute the subject matter of microeconomics.

Microeconomics is a branch of economics that focuses on the study of individual economic agents, such as consumers, firms, and markets, and how they make decisions in resource allocation. It delves into the behavior of these agents and their interactions in the marketplace. The subject matter of microeconomics encompasses a wide range of economic problems, and in this response, we will explore the key problems that fall under the purview of microeconomics.

1. Price Determination: One of the central concerns of microeconomics is understanding how prices are determined in various markets. Microeconomists study the forces _______ ________ ____ _________ __________ _________.
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