Micro Economics studies theory of firm. (State whether the statement is TRUE or FALSE)
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yes, it is true for that micro economics studies theory of firm.....
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Answer:
True
Explanation:
As per the question
Micro Economics studies theory of firm this is a true statement.
Microeconomics studies the economic decision making of a firms and individual in a market setting : It is study of economy in small '' - Roy J Ruffin
* Microeconomics studies how business firms operate under different competitive condition and how the combined actions of buyers and sellers determine price in a specific market.
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