Identify and explain the concept from the given illustration: Gauri collected the information about theincome of a particular firm. - Economics
Identify and explain the concept from the given illustration:
Gauri collected the information about the income of a particular firm.
Concept: Micro-economics (or Micro-economic study)
Micro-economics studies the individual economic units such as individual consumers, individual producers, individual firms, the price of a particular commodity or a factor, etc.
Concept: Introduction to Micro and Macro Economics
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