Question

micro economic is a_____ equilibrium approch fiil in the blank​

Answer 1

answer:partial

Explaination:Microeconomics is a study of demand and supply of particular commodity or service.

It studies micro variables.

Partial equilibrium is a condition of economic equilibrium which takes into account only a part or small units of the market to attain equilibrium.

Therefore it is right to state that microeconomics is a partial equilibrium analysis.

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