Economy, asked by bodduanand9052, 1 year ago

Micro Economics studies individual economic unit, give the reason.

Answers

Answered by Anonymous
4
Heya user!

Micro means small . Microeconomics Deals with Economic issue related to small economic unit .An individual consumer and individual producer and individual firm, an individual industry and individual market .
Answered by osoiekoduke
3

Answer:

Micro -economic is an individual unit since it involves the internal and individual factors whihc affects the economic growth of an individial over the economic factors .

Explanation:

Reasons

  • It involves the internal factors which are  normally in control within the economic set up of a country, region or a people.
  • The personal life , skills and experience of an individual.
  • The time limit of an individual in the factor concerning the economic growth.
  • The individual motives which are internally motivated can equally leads to the positive encounter in the life of the individual to do a thing with the internal force.

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