Q.

Which of the following is incorrect?

A. microeconomics is concerned primarily with the problem of what , how and for whom to produce
B. microeconomics is concerned primarily with the economic behavior of individual decision making units when at equilibrium
C. microeconomics is concerned primarily with the time path and processes by which one equilibrium position evolves into another
D. microeconomics is concerned primarily with comparative statics rather than dynamics.
Answer» C. microeconomics is concerned primarily with the time path and processes by which one equilibrium position evolves into another

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