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Which of the following variables are involved in microeconomics? -

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Question

Which of the following variables are involved in microeconomics? 

Options

  • Price 

  • Consumer's demand 

  • Wages

  • All of the above

MCQ

Solution

All of the above

Explanation:

The main variables include pricing, customer demand, wages, rent, profit, and the firm's performance, revenue, cost, and so forth.

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