The study of how a particular firm might choose to maximize its profits would fall into what type of analysis?
A)macroeconomics
B)microeconomics
C)labor economics
D)aggregate economics

Question

Quizplus · Accepted Answer

The study of how a particular firm might choose to maximize its profits is a classic example of microeconomics. Microeconomics deals with the study of individual markets and how individual economic agents, such as firms, households, and individuals, make economic decisions.

The Study of How a Particular Firm Might Choose to Maximize