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Choose the correct option : Methods adopted in microeconomic analysis :(a) Lumping method(b) Aggregative method(c) Slicing method(d) Inclusive methodOptions :

Q.1 (A) (i) Choose the correct option : Methods adopted in microeconomic analysis :

(a) Lumping method
(b) Aggregative method
(c) Slicing method
(d) Inclusive method

Options :

A. (1) a, c and d

B. (2) a, b and d

C. (3) Only c

D. (4) Only a

1 answer

Best answer

Answer: C. (3) Only c

Answer: (3) Only c

Micro economics uses the slicing method: the economy is split into small units (an individual consumer, a firm, a single commodity price) and each unit is studied separately. The lumping method and the aggregative method belong to macro economics, which studies the economy as a whole.

Doubtly AI · 29 Oct 2026 AI-generated · not yet verified Report
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