Practicing Success
Practicing Success
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| The term individual micro economic agents will include Out of the given options, what will the term individual micro economic agents include? |
Consumers Producers Economy Both 1 and 2 |
| Both 1 and 2 |
| Individual micro ‘economic agents’ means ‘small’ agents – consumers choosing their respective optimum combinations of goods to buy, given their tastes and incomes; and producers trying to make maximum profit keeping their costs as low as possible. |
