CBSE Class 12-commerce Answered
Give two examples of microeconomic studies.
Asked by Topperlearning User | 21 Apr, 2016, 12:12: PM
Expert Answer
At the level of an individual economic unit, the basic economic problem is the problem of choice to a producer or a consumer.
i. A consumer is to allocate his given income to the purchase of different goods and services.
ii. A producer is to choose the combination of inputs that he should use in the production of goods and services.
Answered by | 21 Apr, 2016, 02:12: PM
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 21 Apr, 2016, 12:12: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 21 Apr, 2016, 12:12: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 21 Apr, 2016, 12:12: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 21 Apr, 2016, 12:15: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 21 Apr, 2016, 12:12: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 21 Apr, 2016, 12:12: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 21 Apr, 2016, 12:12: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 21 Apr, 2016, 12:12: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 21 Apr, 2016, 12:12: PM
ANSWERED BY EXPERT
