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प्रश्न
Identify & explain the concept from the given illustration.
Mala collected information about the income and expenditure of twenty five families from her locality.
स्पष्ट करा
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उत्तर
Microeconomics
Explanation:
Microeconomics is the branch of economics that studies the economic behaviour of individual units such as a consumer, a firm, or a household. It deals with a small part of the national economy rather than the economy as a whole.
Since Mala collected information about the income and expenditure of only twenty-five families, which represents a small segment of the entire economy, this illustration is related to the concept of microeconomics.
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