From the national point of view which of the following indicates micro approach?

Per capital income of India.

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Under employment in agricultural sector.

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Lock out in TELCO

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Total savings in India

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Solution

The correct option is B Lock out in TELCO
Microeconomics deals with the study of individual demand, supply, income, production, etc. so lockout in TELCO which is an individual firm in the industry is a micro concept.

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