Maharashtra State BoardHSC Commerce 12th Board Exam
Advertisement Remove all ads

State the Following Statement is True Or False. Study of Price Determination is a Subject Matter of Macro-economics. - Economics

MCQ
True or False

State the following statement is true or false.

Study of price determination is a subject matter of Macro-Economics.

Options

  • True

  • False

Advertisement Remove all ads

Solution

False
Explanation:
The statement is incorrect, as price determination is the subject matter of microeconomics. Microeconomics studies how prices are determined in both the commodity and factor markets based on the demand and supply analysis.

Concept: Allocation of Resource and Economic Variable
  Is there an error in this question or solution?
Advertisement Remove all ads

APPEARS IN

Micheal Vaz Economics HSC 12th Standard Maharashtra State Board
Chapter 8 Introduction to Macro Economics
Exercise | Q 3.4 | Page 68
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×