Question

which of the following is a microeconomic statement?​

Answer 1

Answer:

micro economic statement is referred to public to give goods and suppliers to sell

Explanation:

there is also given in pic

Answer 2

Answer:

hi mate gm

Explanation:

where it is said that wheat is determined by the product rice is a statement of micro economics.

here one is talking about the effect of a substitute product on an original product.

If the price of wheat was priced at y and the demand was x then with an increase in the price of rice would result in a increase in the demand of wheat since more people would be wanting to save the extra money by consuming a substitute product.

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