Question

What are some micro-economical questions that focuses on market structure, conduct and performance of any kind?...

What are some micro-economical questions that focuses on market structure, conduct and performance of any kind? Where I am able to perform a microeconomic analysis on the economic issue or phenomenon?

Homework Answers

Answer #1

The micro economical questions regarding the market structure ,conduct and performance.The major questions regarding
Supply and demand components that is perfect or imperfect?
Production possibilities of an individual firm within the use of proportion of various factors of production?
The price of particular products and depends factors?
The type of market perfect or monopoly imperfect in particular firm in that particular industry?

Micro economical analysis is mainly done in an individual or particular firm or particular product and their behaviour and also consumer attitude and preference etc based situations able to perform a microeconomic analysis.

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