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State with reason whether you agree or disagree with the following statement: Microeconomics uses slicing methods

Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board 

 

Chapter 1 - Introduction to Micro and Macro Economics [Latest edition]


Q.5. State with reason whether you agree or disagree with the following statement:

Microeconomics uses slicing methods.

Options

Agree

Disagree


Yes, I agree with the statements. 

Microeconomics: It is that part of economics that deals with the individual units of the economy. 

It takes into account the demand and supply of individual units. 

It uses a slicing method because it divides the economy into slices, parts or individual units for the purpose of in-depth study.