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Which theory is generally included under microeconomics? I. Price Theory II. Income Theory III. Employment Theory
Question

Which theory is generally included under microeconomics?
I. Price Theory
II. Income Theory
III. Employment Theory

A.

Only I

B.

Only II, III

C.

Only III

Correct option is A


Microeconomics focuses on price theory, which studies supply, demand, and price determination in individual markets.

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