Which of the following would be strictly a microeconomic topic?

a general rise in interest rates

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a drop in inflation

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an increase in total production in India

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an increase in the price of TATA Nano

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Solution

The correct option is D an increase in the price of TATA Nano
Microeconomics studies economic problems relating to individual economic units like a consumer, or a producer. An increase in the price of TATA Nano is related to an individual unit, which makes it a microeconomics topic.

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Which of the following would be strictly a microeconomic topic?

The correct option is D an increase in the price of TATA NanoMicroeconomics studies economic problems relating to individual economic units like a consumer, or a producer. An increase in the price of TATA Nano is related to an individual unit, which makes it a microeconomics topic.

The correct option is D an increase in the price of TATA Nano
Microeconomics studies economic problems relating to individual economic units like a consumer, or a producer. An increase in the price of TATA Nano is related to an individual unit, which makes it a microeconomics topic.