Economy, asked by legendaryaryan11, 10 months ago

what is also known as price theory?

Answers

Answered by Anonymous

1

Microeconomics is known as 'price theory'. Microeconomics is also known as "price theory" because of its following characteristics: ... Microeconomics deals with the price mechanism of individual commodities which are determined by market forces of demand and supply.

Answered by akshatsingh7out

1

Explanation:

Microeconomics is known as 'price theory'. Microeconomics is also known as "price theory" because of its following characteristics: ... Microeconomics deals with the price mechanism of individual commodities which are determined by market forces of demand and supply.

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