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‘Economics is a study of mankind in the ordinary business of life’ -It is the statement of - Economics

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प्रश्न

‘Economics is a study of mankind in the ordinary business of life’ -It is the statement of

विकल्प

  • Adam Smith

  • Lionel Robbins

  • Alfred Marshall

  • Samuelson

MCQ

उत्तर

Alfred Marshall

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Introduction to Micro Economics - Model Questions - Part A [पृष्ठ २१]

APPEARS IN

सामाचीर कलवी Economics [English] Class 11 TN Board
अध्याय 1 Introduction to Micro Economics
Model Questions - Part A | Q 1 | पृष्ठ २१

संबंधित प्रश्न

Branch of economics that deals with small part of national economy − 


Theory of economic welfare, basically deals with ______.


Assertion (A): Micro-economics uses slicing method.

Reasoning (R): Slicing method is the study of the whole economy rather than its part.


Distinguish Between

Slicing method and Lumping method


Explain the scope of microeconomics


Which of the following is a microeconomics statement?


Define microeconomics.


Which of the following topic is not covered under microeconomics?


Which of the following is a limitation of microeconomics?


  • Assertion (A): Microeconomics is a small part of the national economy.
  • Reasoning (R): Microeconomics divides the economy into small units.

Complete the correlation:

Macro-Economic Theory : Income and Employment :: Micro Economics : ______


Concepts studied under Microeconomics.

  1. National income
  2. General price level
  3. Factor pricing
  4. Product pricing

Concepts studied under Microeconomics.

  1. National income
  2. General price level
  3. Factor pricing
  4. Product pricing

Statements that are correct in relation to microeconomics:

  1. Microeconomics is concerned with the study of individual economic units.
  2. Microeconomics uses lumping method.
  3. Microeconomics provides basis for the conditions of economic welfare.
  4. Microeconomics studies the determination of the general price level.

Give an economic term:

Factor payment received by an entrepreneur in the form of money.


 Concepts studied under Micro economics.

  1. National income
  2. General price level
  3. Factor pricing
  4. Product pricing

Concepts studied under Micro economics.

  1. National income
  2. General price level
  3. Factor pricing
  4. Product pricing

Concepts studied under Microeconomics.

  1. National income
  2. General price level
  3. Factor pricing
  4. Product pricing

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