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Teacher what is the defenition of microeconomics |
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Answer» Micro economics studies the behaviour of a individual unit of an economy . microeconomics other name is price theory .for example demand of a consumer,individual income,individuals output Thanks a lot Microeconomics is that part of economic theroy , which studies the behaviour of individual units of an economy. It\'s main tools are Demand and Supply. For example: induvidual income, price of a commodity etc. |
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