ICSE Class 10 Answered
Write a note on the scope of microeconomics
Asked by mokshada71088 | 04 Jan, 2019, 02:33: PM
Expert Answer
Microeconomics is that part of economic theory which studies the behaviour of individual units of an economy. It supplies the foundation for most of our understanding of the functioning of the economy. It determines the price of the commodity or factors of the production.
Answered by Tharageswari S | 04 Jan, 2019, 04:04: PM