microeconomics theory is called...
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Microeconomics studies how prices of goods and services are determined in commodity market and how prices of factors of production are determined in the factor market. ... Hence, microeconomics is also known as price theory.
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price theory
Explanation:
Microeconomics studies how prices of goods and services are determined in commodity market and how prices of factors of production are determined in the factor market. ... Hence, microeconomics is also known as price theory.
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