Question : Price theory is also known as
Option 1: Macro Economics
Option 2: Development Economics
Option 3: Public Economics
Option 4: Micro Economics
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Correct Answer: Micro Economics
Solution : Correct Answer is Micro Economics
Price theory is sometimes referred to as microeconomic theory. Price theory describes how goods and services are produced, consumed, allocated, and priced. The main focus of microeconomic theory is how prices are set for goods and services and factors of production
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