Economy
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EnglishVoice Age
Teen (13-17)Accents
Indian (General) Indian (Hinglish)Transcript
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microeconomics explained how the price of different products and the various factors of production are determined. Microeconomics helps in understanding the working of a free market economy. A free market economy is that economy where the economic decision regarding production of goods such as what to produce, how much to produce, how to produce but they cannot individual levels. There is no intervention by the government or any other agency foreign trade microeconomics else in explaining various aspects of foreign trade like effects of tariff on a particular commodity. Determination of currency exchange rates of any two Qadri's gin from international go particular country.