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Question

Which of the following is not a micro-economic subject matter?

A
Price of Mangoes
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B
Cost of producing a fire truck for the Fire Department of Delhi, India
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C
Quantity of mangoes produced for the mangoes market
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D
National economy's annual rate of growth
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Solution

The correct option is B National economy's annual rate of growth
Micro economics deals in the study of individual units whereas national economy's annual rate of growth is a macro variable as it is related to the whole economy.

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