Microeconomics is concerned with issues such as
A)The demand for bottled water by individuals.
B)The level of inflation in the economy.
C)Maintaining a strong level of economic growth.
D)All of the choices are correct.

Question

Quizplus · Accepted Answer

Microeconomics deals with the study of individual behavior, decision-making, and market interactions related to the production and consumption of goods and services. The demand for bottled water by individuals is an example of a microeconomic concept or issue. The level of inflation in the economy and maintaining a strong level of economic growth are macroeconomic concepts or issues. Therefore, only option A is correct.

Microeconomics Is Concerned with Issues Such as