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Give two examples of microeconomics studies. - Economics

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प्रश्न

Give two examples of microeconomics studies.

लघु उत्तर
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उत्तर

Two examples of microeconomic studies are as follows:

  1. Consumer’s equilibrium (how an individual consumer maximises satisfaction given their budget constraints).
  2. Price determination of a commodity (how the price of an individual good is decided through supply and demand in a market).
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पाठ 1: Introduction to Economics - QUESTION BANK [पृष्ठ १५]

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जे. पी. गोयल आणि कौशल गोयल Economics [English] Class 9 ICSE
पाठ 1 Introduction to Economics
QUESTION BANK | Q 21. | पृष्ठ १५
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