Sarthaks Test
0 votes
in Electronics by (64.4k points)

Define Micro Economics.

1 Answer

+1 vote
by (59.5k points)
selected by
Best answer

Micro economics is the study of the economic actions of individuals and small groups of individuals. According to Boulding, “It is the study of particular firms, particular households, individual prices, wages, income, individual industries, particular commodities”.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.