Microeconomics deals with the ........

Economics- Phase (I & II) Business Cycles

Microeconomics deals with the

Allocation of resources of the economy as between production of different goods and services

Determination of prices of goods and services

Behavior of industrial decision makers

All of the above

Microeconomics is the study of individuals, households and firms' behavior in decision making and allocation of resources. It generally applies to markets of goods and services and deals with individual and economic issues.
Microeconomics studies the decisions of individuals and firms to allocate resources of production, exchange, and consumption. Microeconomics deals with prices and production in single markets and the interaction between different markets but leaves the study of economy-wide aggregates to macroeconomics.

Hence option 4th is correct.

Report error

Submit Error