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

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Question

Do you agree with the following statement? Give reason. 

Micro Economics studies behaviour of individual unit. 

Short/Brief Note
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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.

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Chapter 1: Introduction to Micro Economics - Exercise 5 [Page 7]

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Micheal Vaz Economics [English] 12 Standard HSC
Chapter 1 Introduction to Micro Economics
Exercise 5 | Q 1 | Page 7
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