Microeconomics concentrates on the study of ____________.

An individual

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

A nation

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Family

No worries! We‘ve got your back. Try BYJU‘S free classes today!

State

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A An individual
Microeconomics adopts the factors on an individual basis. The approach of microeconomics starts with the decisions of an individual about the allocation of time and revenue. The rest of the factors are covered under the study of macroeconomics as these cover large range studies the behaviour of individuals.

Suggest Corrections