Microeconomics is the study of the choices made by ________ and how these choices affect the markets.
A) households only
B) the government only
C) firms only
D) households, firms, and the government.

Question

Quizplus · Accepted Answer

Microeconomics is concerned with the behavior of households, firms, and the government as they make economic decisions and interact in markets. Therefore, the study of microeconomics involves analyzing the choices made by all three entities and how these choices impact the functioning of markets.

Microeconomics Is the Study of the Choices Made by ________