Question

Microeconomics analysis adopts ________ method.

• A. Slicing
• B. Lumping
• C. Aggregative
• D. Inclusive

Answer 1

The correct option is A Slicing

Microeconomics adopts the factors on individual or slicing basis.

While studying the micro-economics things taken into consideration are narrower in nature and taken on an individual basis.

Microeconomics uses slicing method for the in-depth study of economic units. It divides or slices the economy into smaller units such as individuals, household firms etc.