Micro economic theory studies how a free enterprise economy determines:

Related MCQs

• In a free enterprise economy, the problems of what, how and for whom to produce are solved by :
• Economic efficiency for the entire economy requires that :
• An Economic model is a statement of relationship among economic ------
• The normal condition of a capitalist economy in classical theory is:
• In classical theory which of the following is found in the economy:
• Adam Smith, the father of modern economic theory, defined economics as a subject, which is mainly concerned with the study of nature and causes of generation of ______
• The validity of an economic theory is judged by its power to:
• In economic theory the costs of a firm
• The word ‘Micro Economics and Macro Economics’ were first coined by
• The word micro was first used in Economics by: