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Question
Which of the following would be strictly a microeconomic topic?
Options:
A .  a general rise in interest rates
B .  a drop in inflation
C .  an increase in total production in India
D .  an increase in the price of TATA Nano
Answer: Option D
:
D
Microeconomics studies economic problems relating to individual economic units like a consumer, or a producer. An increase in the price of TATA Nano is related to an individual unit, which makes it a microeconomics topic.

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