Question:

Micro economics is related to -

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Microeconomics deals with the smaller scale economic factors like individuals and firms, as opposed to macroeconomics which focuses on aggregate measures.
  • Individual quantities
  • Aggregate quantities
  • Aggregate debts
  • None of these
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The Correct Option is A

Solution and Explanation

Step 1: Understanding microeconomics.
Microeconomics is the branch of economics that studies the behavior of individual consumers, firms, and markets. It focuses on the decisions made by individuals and the allocation of limited resources.

Step 2: Conclusion.
Thus, the correct answer is option (1) Individual quantities.

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