Economy, asked by samruddhitandel, 10 months ago

the scope of micro economics is unlimited​

Answers

Answered by adityaverma80
6

Answer:

yes it is really unlimited....

Answered by Vmusale
3

I agree, that the scope of micro economics is unlimited.

Microeconomics is study of individual's behavior  and their unlimited wants 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

Explanation:

Microeconomics is involved with study of wants of the people and with the limited resources of the economy. It is involves 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.

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