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How does economics make such comprehensive assessment at the micro level?
Wiki User
∙ 11y ago
because it has a big deal to the demand of particular sociaty that makes thew people satisfied thier needs and wants.
Wiki User
∙ 11y ago
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Macroeconomics looks at the whole economy.?
True
What is the difference between an organisation at macro and micro operations level?
Macro Operations: This division manufactures sprockets. Raw material comes in one end and sprockets come out the other. Micro Operations: This work area is used by a technician for sanding burrs off the M126-055 metal gear plate which is step 443 of the 652 steps required to create the finished M22 metal gear plate containment chassis. On the macro level, a sick employee is just one of hundreds of employees. On a micro level, a sick employee might slow the production of the M126-055 metal gear plate. On a macro level, if work has slowed due to employee sickness, we need more employees. More employees means more productivity! On a micro level, if my department has a budget and you send me an extra employee, I'm going to have trouble keeping inside my budget. I'm also going to lose productivity because my qualified technician now has to train the newbie. Plus my qualified tech is a terribly slow teacher. More employees has equaled less productivity! On a macro level, in a year the extra employees will be fully trained and fully functional. On a micro level, our productivity might not recover for six months and we get paid bonuses based on our productivity.
Who is regulator of micro finance in India?
who is the regulator of micro finance in india
What is difference between rural credit and micro credit?
What is the difference between micro credt and rural credit?
What are the advantages of micro lending?
Micro lending has the main advantage of reaching previously un-serviced sections of the financial market. Micro lending has also become a way for businesses to get capital to expand and grow.
Micro-Economics is also called?
micro economics is also called?
Who is first use a word of Micro economics?
Who is first use a words of micro economics & macro economics
Give the differences between micro and macro economics?
ten difference of micro economics macro economics
10 related features of micro economics?
10 examples of micro economics
What are the basic division in economics?
micro economics and macro economics
Macro economics and micro economics?
macro is a root for large, while micro is, of course, small
Give the 2 division of economics?
Micro economics and macro economics
What are the scopes of macro economics?
same as of micro economics
How does macro economics differ from micro economics?
Macro economic is differ from micro economic because macro economic study as a whole economics but micro economic study only of an individual.
What are two divisions of economics?
Macro-economics and micro-economics are these two divisions.
What is micro influence?
Micro influence in economics, micro economics actually, is a term which stands for influence or affect on the market sector which causes problems/benefits.
What do you mean by macro and micro environment of business and economy?
In simple words micro macro economics can be explained as- " What holds good for micro economics may not hold good for macro economics' Eg: Savings.
