Advertisements
Advertisements
प्रश्न
Give reasons or explain the following
Theories of microeconomics are based on certain assumptions.
Advertisements
उत्तर
Microeconomics is based on certain assumptions. It assumes that there is full employment, laissez fair policy, pure capitalism, perfect competition, etc. However, all these assumptions neglect the dynamic and changing environment and make the microeconomic study static. Thus, we say that the assumptions are unrealistic in nature.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
