microeconomics is not concerned with the behavior of
Answers
Answer:
Microeconomics is not concerned with the behavior of National income.
Explanation:
Microeconomics studies the decisions of individuals and firms to allocate resources of production, exchange, and consumption. Microeconomics deals with prices and production in single markets and the interaction between different markets but leaves the study of economy-wide aggregates to macroeconomics.
Answer:
Microeconomics Is Not Concerned With the Behaviour Of
(A) Consumers
(B) Aggregate demand
(C) Industries
(D) Firms
Explanation:
Microeconomics is not concerned with the behaviour of aggregate demand. Microeconomics is the study of what is likely to happen or the tendencies when individuals make choices in response to the changes in incentives, prices, resources, and/or methods of production. Individual actors are often grouped into microeconomic subgroups, such as buyers or consumers, sellers, and business owners or producers.
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