Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board
Chapter 1 - Introduction to Micro and Macro Economics [Latest edition]
Q.3 Identify and explain the concept from the given illustration:
1. Gauri collected the information about the income of a particular firm.
Sol: - Micro economics (study of individual units)
Explanation:
Microeconomics is the study of the behaviour of small individual economic units, like individual firms, individual price, individual household etc.
