Q. Neoclassical economics concerns itself with the determination of various prices. In the branch of Microeconomics, economists are concerned with _________, while in Macroeconomics they consider _________ (Solved)
1. Price rises: price falls
2. Real prices: nominal prices
3. Individual product prices: the aggregate price level
4. Costs to consumers: costs to producer
- c. Individual product prices: the aggregate price level