which of the following is studied under microeconomics (a) individual unit (b) economic aggregate (c) national income (d) none of this
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The correct answer to this question is option (d).
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Microeconomics studies the decisions of individuals and firms to allocate resources of production, exchange, and consumption. Microeconomics deals with prices and production in single markets and the interaction between different markets but leaves the study of economy-wide aggregates to macroeconomics.
option: (a) individual unit
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