Question

What kind of units are studied under the subject matter of micro economics?

Answer 1

Answer:

The term micro means small. Hence microeconomics focuses on individual building blocks of the economy. The subject matter here is concerned with the individual units in an economy, like the market demand for the particular product.

Answer 2

Answer:

Explanation:

The term micro means small. Hence microeconomics focuses on individual building blocks of the economy.

The subject matter here is concerned with the individual units in an economy, like the market demand for the particular product.