Question

characteristics of microeconomics​

Answer 1

Explanation:

The features of Microeconomics are:

1.It is concerned with the study of individual units in the economy.

Micro economic analysis involves product pricing, factor pricing and theory of welfare.

Assumption of "Ceteris Paribus" is always made in every micro economic theory.

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Answer 2

Explanation:

Explanation:The features of Microeconomics are:

Explanation:The features of Microeconomics are:1.It is concerned with the study of individual units in the economy.

Explanation:The features of Microeconomics are:1.It is concerned with the study of individual units in the economy.2. Micro economic analysis involves product pricing, factor pricing and theory of welfare.

Explanation:The features of Microeconomics are:1.It is concerned with the study of individual units in the economy.2. Micro economic analysis involves product pricing, factor pricing and theory of welfare.3. Assumption of "Ceteris Paribus" is always made in every micro economic theory.

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