Which of the following is a microeconomic topic?
i.K-Mart's decision to close stores that are not making a profit.
ii.Bunning's choice to hire more full-time employees because its sales increased.
iii.Virgin Airlines changes its fares.
A) i only
B) ii only
C) i and iii
D) ii and iii
E) i,ii,and iii
Correct Answer:
Verified
Q6: Scarcity forces people to
A)be unwilling to help
Q7: What is the reason that all economic
Q8: The primary focus of microeconomics is
A)our government's
Q9: Scarcity
A)leads to higher prices.
B)used to exist everywhere
Q10: Which of the following is a microeconomic
Q12: Microeconomics includes the study of the
A)choices made
Q13: Which of the following best defines economics?
A)Economics
Q14: Which of the following statements best describes
Q15: Scarcity exists because
A)some individuals have low incomes.
B)people
Q16: Scarcity means we must
A)work more.
B)make choices.
C)earn more.
D)consume
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