Economy, asked by rashidixit0902, 1 month ago

give an example to show that microeconomics variable depends upon the level and behaviour of macroeconomic variables.​

Answers

Answered by ashuguptafzd16
0

Answer:

Market demand

Explanation:

Microeconomics is defined as "The study of the economic choices individuals and firms make and of how these choices create markets." Thus the study of microeconomics looks at specific markets individually and in great detail. Thus it will tend to examine micro variables such as the demand specific to a particular market or good. It will not be concerned with the aggregate market demand, or any other aggregate variables that treat the economy as one unit. 

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