Download App

Introduction of Micro-Economics — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsIntroduction of Micro-Economics1 Mark
Question
Is the study of cotton textile industry, a microeconomic study or a macroeconomic study?
✓

Answer

It is a microeconomic study because it is a case of an individual industry.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Introduction of Micro-Economics→Introduction of Micro-Economics — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

If two supply curves intersect, which one has the higher price elasticity?
→
State the main features of monopoly market.
→
Give one reason for an 'increase' in supply of a commodity.
→
If price elasticity of demand for a product is equal to one, what will be the nature of its demand curve?
→
What are the fixed factors of production?
→
How will you get the market supply schedule from the supply schedules of an individual firm?
→
Consider the statement given below “During 2015-16, the Indian economy registered a growth rate of 6.2%”. The above statement is an example of positive economics or normative economics?
→
What is meant by perfectly elastic supply of a commodity?
→
Define revenue.
→
Give the meaning of market demand.
→