9 June, 01:55
What is the basic unit of study in microeconomics? A) employment and unemployment figures B) government taxes and spending C) total consumer spending and saving D) individual business and households
9 June, 02:17
I think the correct answer from the choices listed above is option D. The basic unit of study in microeconomics would be individual business and households. Microeconomics is the study of economic tendencies, or what is likely to happen when individuals make certain choices or when the factors of production change.
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» What is the basic unit of study in microeconomics? A) employment and unemployment figures B) government taxes and spending C) total consumer spending and saving D) individual business and households