Advertisements
Advertisements
प्रश्न
Which of the following is a microeconomics statement?
पर्याय
The real domestic output increased by 2.5 percent last year
Unemployment was 9.8 percent of the labour force last year
The price of wheat determines its demand
The general price level increased by 4 percent last year
उत्तर
The price of wheat determines its demand
APPEARS IN
संबंधित प्रश्न
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
‘Economics is a study of mankind in the ordinary business of life’ -It is the statement of
Which of the following theories are studied in microeconomics?
Microeconomics was Popularised by ______
Which of the following variables are involved in microeconomics?
Which of the following topic is not covered under microeconomics?
The word 'Economics' was derived from two words, ______ and ______
What is the other name of Microeconomics and Macroeconomics?
- 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.
- National income
- General price level
- Factor pricing
- Product pricing
Concepts studied under Macro economics.
- Whole economy
- Economic development
- Aggregate supply
- Product pricing
Statements that are correct in relation to microeconomics:
- Microeconomics is concerned with the study of individual economic units.
- Microeconomics uses lumping method.
- Microeconomics provides basis for the conditions of economic welfare.
- Microeconomics studies the determination of the general price level.
Concepts studied under Micro economics.
- National income
- General price level
- Factor pricing
- Product pricing
Concepts studied under Microeconomics.
- National income
- General price level
- Factor pricing
- Product pricing
