Question:
What do you understand by Micro-Economics?
What do you understand by Micro-Economics?
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Microeconomics focuses on the behavior of individual economic agents and markets.
Updated On: Nov 5, 2025
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Solution and Explanation
Microeconomics deals with the study of individual economic agents, such as households, firms, and industries, and how they make decisions regarding the allocation of resources and the pricing of goods and services.
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