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Do You Agree with the Following Statement? Give Reason. Micro Economics Studies Behaviour of Individual Unit. - Economics

Short Note

Do you agree with the following statement? Give reason. 

Micro Economics studies behaviour of individual unit. 

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Solution

Micro Economics studies behaviour of individual unit - True

Yes, microeconomics is a study that basically focuses on the behaviour of an individual units in the economy such as consumer and producer.

Concept: Introduction and Features of Micro Economics
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APPEARS IN

Micheal Vaz Economics HSC 12th Standard Maharashtra State Board
Chapter 1 Introduction to Micro Economics
Exercise | Q 1 | Page 7
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