Q1) choose the correct answer. (i) The Term" micro" is derived from Greek word 1 point
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Micro in Greek means 'small'.
It is that part of economics which deals with the individual units of the economy.
It takes into account the demand and supply of individual units.
It aims to determine the price of a product using the factors of production.
Example: Individual income and Individual output.
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yes ,it is derived from Greek word mikro which means small
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