_____ is the study of the economic choices of individual consumers, families, or businesses.

Question

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Microeconomics is the study of the choices made by individuals or businesses regarding how they allocate their resources, what goods and services they produce, and how prices are determined in particular markets. Macroeconomics, on the other hand, is focused on broader economic trends and policies affecting entire countries or regions rather than individual behavior. Sociology is the study of human behavior and social organization, while statistics involves the collection, analysis, interpretation, presentation, and organization of data.

_____ Is the Study of the Economic Choices of Individual