Micro Economics deals with ____________________
(a) National Economy
(b) Small Part of National Economy
(c) World Economy
(d) Economy of Universe
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Explanation:
Microeconomic study deals with what choices people make, what factors influence their choices and how their decisions affect the goods markets by affecting the price, the supply and demand. Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole.
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Answer:
B] Small part of National Economy.
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