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.