Which of the following falls under Micro Economics?

National Income

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General Price Level

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Factor Pricing

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National Saving and Investment

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Solution

The correct option is C Factor Pricing
Micro economics deals with the study of economics from the view point of an individual unit. Factor pricing refers to the prices of various factors (like land, labor, capital and entrepreneurship) of production which is decided on the basis of market forces, i.e. demand, supply, and income which are micro variables.

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