Question

2) Aspects considered in micro
economics:
O Micro means large
It deals with the behaviour of
individual economic unit.
O
It covers the study of entire
economy
O It includes national income.​

Answer 1

Answer:

option A Micro means it deals with the behavior of individual economic unit.

Answer 2

The aspects considered in microeconomics are it deals with the behavior of an individual economic unit.

• Microeconomics is the study of individual households and firms' behavior in decision-making and allocation of resources.
• It helps an individual firm to make decisions, market goods and services, and solve their economic issues.
• It is an analysis of how people make decisions. A typical consumer who has a limited income needs to choose between various goods and services with he can and buy.