Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Introduction

Question:
Which of the following is studied under Micro Economics ?
Options:
Producer’s equilibrium
Economic Aggregate
National Income
None of these
Correct Answer:
Producer’s equilibrium
Explanation:
Producer’s equilibrium shows a situation in which a firm will earn maximum profit. Since it involves study of individual economic units, it falls under microeconomics.