Economy, asked by sonianeelu85, 2 months ago

write any four points of importance of micro economics

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Answered by arshadnabi5678

Answer:

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Answered by gulnazfatma093

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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write any four points of importance of micro economics​

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write any four points of importance of micro economics