Economy, asked by sonianeelu85, 4 days ago

write any four points of importance of micro economics​

Answers

Answered by arshadnabi5678
1

Answer:

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Answered by gulnazfatma093
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.

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