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What term refers to the study of economic actions of individuals and small groups?
  • a)
    Microeconomics
  • b)
    Macroeconomics
  • c)
    Aggregative economics
  • d)
    General equilibrium analysis
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
What term refers to the study of economic actions of individuals and s...
Microeconomics is concerned with studying the economic actions of individuals and small groups, such as households and firms. It focuses on specific markets, prices, and decision-making at the individual level.
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What term refers to the study of economic actions of individuals and small groups?a)Microeconomicsb)Macroeconomicsc)Aggregative economicsd)General equilibrium analysisCorrect answer is option 'A'. Can you explain this answer?
Question Description
What term refers to the study of economic actions of individuals and small groups?a)Microeconomicsb)Macroeconomicsc)Aggregative economicsd)General equilibrium analysisCorrect answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What term refers to the study of economic actions of individuals and small groups?a)Microeconomicsb)Macroeconomicsc)Aggregative economicsd)General equilibrium analysisCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What term refers to the study of economic actions of individuals and small groups?a)Microeconomicsb)Macroeconomicsc)Aggregative economicsd)General equilibrium analysisCorrect answer is option 'A'. Can you explain this answer?.
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