Which of the following is a microeconomic question?
A) Should the government prevent the merger of two large firms?
B) Why do some countries grow faster than others?
C) Should we have a constitutional amendment to balance the federal budget?
D) All of the above are microeconomic questions.

Question

Quizplus · Accepted Answer

Microeconomics deals with individual consumers, firms, and industries. The question of whether the government should prevent the merger of two large firms is a microeconomic question because it deals with the decision-making of individual firms and its impact on the market. The other options are macroeconomic questions because they deal with the economy as a whole or government policies affecting the entire economy.

Which of the Following Is a Microeconomic Question