write any four points of importance of micro economics
Answers
Answered by
1
Answer:
okkkkkkklkkkkkkkkkkkkkkkkk
Answered by
1
Explanation:
Micro economics helps in explaining how the prices of different commodities are determined.
It also explains how the prices of various factors of production such as rent for land, wages for labour, interest for capital and profits for entrepreneur are determined in the commodity and factor market.
Similar questions
Hindi,
2 days ago
History,
2 days ago
Accountancy,
4 days ago
Social Sciences,
7 months ago
Geography,
7 months ago