Economy, asked by Lokesk873, 1 year ago

Is called textile industries subject matter of microeconomics or macroeconomics

Answers

Answered by danielochich
0
Macroeconomics :

The branch of economics concerned with large scale or general economic factors such as interest rates and national productivity.

Microeconomics :

The branch of economics studying the behavior of individuals and firms in making decisions regarding allocation of scarce resources and interaction between them.

ANSWER

Textile industries lie in microeconomics.
Answered by Anonymous
4

Answer:

Explanation:

Macroeconomics :

The branch of economics concerned with large scale or general economic factors such as interest rates and national productivity.

Microeconomics :

The branch of economics studying the behavior of individuals and firms in making decisions regarding allocation of scarce resources and interaction between them.

ANSWER

Textile industries lie in microeconomics.

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