CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

____________ is one of the concerns of microeconomics.

A
Rate of inflation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Consumer choices
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Rates of unemployment
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Population growth
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Consumer choices
Microeconomics
  • Micro in Greek means 'small'.
  • It is that part of economics which deals with the individual units of the economy and aims to know their consumer choices and preferences.
  • It takes into account the demand and supply of individual units.
All the other options are the concerns of macroeconomics.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Scarcity and Choice
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon