do we include economic welfare in the scope of micro economic
Answers
Answered by
6
Explanation:
Microeconomics is not only concerned with analyzing economic condition but also with the maximization of social welfare. ... Analysis of production efficiency, consumption efficiency, and overall economic efficiency are conducted on the basis of microeconomics.
Hope it will help you
Similar questions
Geography,
11 days ago
Social Sciences,
11 days ago
Sociology,
11 days ago
English,
24 days ago
Social Sciences,
8 months ago
English,
8 months ago