Chapter: Introduction to Micro and Macro Economics· Economics

Choose the correct option: Method adopted in micro economic analysis.(a) Lumping method(b) Aggregative method(c) Slicing method(d) Inclusive method

Q.1 (A) (i) Choose the correct option: Method adopted in micro economic analysis.

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

A. a, b, c and d

B. b, c and d

C. only c

D. only a

Doubtly Asked 29 Oct 2026 Board exam · July 2024 hsc 12th Save WhatsApp Report

1 answer

Best answer

Answer: (3) only c

Micro economics studies individual units such as a consumer, a firm or the price of a single commodity. It splits the economy into small parts and studies each part separately, so it uses the slicing method. Lumping (aggregative) method is used in macro economics.

Doubtly AI · 29 Oct 2026 AI-verified · Nov 2026 Report

Was this answer helpful?

Choose the correct option: Method adopted in micro economic analysis.(a) Lumping method(b) Aggregative method(c) Slicing method(d) Inclusive method

1 answer

Your answer