Question

scope of micro Economics is unlimited agree or disagree with reason ​

Answer 1

It is true that the scope of micro economics is unlimited since micro economics is study of individual's behavior and their decisions in the economy. The economy is involved with production of goods and services. The goods and services are produced for  the welfare of the people and for satisfying their needs

$\huge\pink\bigstar \red{explainlation}$

• Microeconomics is involved with study of wants of the people and the limited resources. It is entails the the choices made by the people within the society for using the resources. The economy is involved with the production of  goods and services for satisfying the wants of the people with the goods and services in the economy.
• Microeconomics is the study of  wants that are unlimited, and there are alternative choices that are available for the people that they make use of them for satisfying their wants. Microeconomics is involved with the basic questions of the kind of things to be produced in the economy and the manner in which they would be used
• The scope of micro economics deals with the basic question of what should be produced in the economy that will cater to the needs of the people. It relates with the efficiency of the economy and its ability to solve the problems  and also for improving the welfare of the people in the economy.