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Micro economics deals with—
- a)Inflation in the country
- b)The economic behaviour of an individual unit
- c)The per capita income
- d)The problems of poverty and unemployment in the country
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
Micro economics deals with—a)Inflation in the countryb)The econo...
Microeconomics deals with prices and production in single markets , The economic behaviour of an individual unit and the interaction between different markets, but leaves the study of economy-wide aggregates to macroeconomics.
Most Upvoted Answer
Micro economics deals with—a)Inflation in the countryb)The econo...
The study of individual economic behavior and decision-making of households, firms, and industries. It focuses on how these economic actors interact in markets to determine the allocation of resources and the prices of goods and services. Microeconomics also examines how government policies, such as taxes and regulations, affect the behavior of individual economic agents and the overall functioning of markets. Key topics in microeconomics include supply and demand, market structure and competition, consumer and producer behavior, and the economics of information and incentives.
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Micro economics deals with—a)Inflation in the countryb)The econo...
Under micro economics study or deal individual firm or individual units
so,b options correct
so,b options correct
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Micro economics deals with—a)Inflation in the countryb)The economic behaviour of an individual unitc)The per capita incomed)The problems of poverty and unemployment in the countryCorrect answer is option 'B'. Can you explain this answer?
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