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Question
Micro Economic analysis adopts ______ method.
Options
lumping
aggregative
Slicing
inclusive
MCQ
Fill in the Blanks
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Solution
The microeconomic analysis adopts the slicing method.
Explanation:
Microeconomics is the study of the behaviour of individual units in the economy. For this purpose, the entire economy is sliced, i.e. divided into several smaller/individual units, and each unit is then analysed in detail.
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