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 governments

Question

Quizplus · Accepted Answer

Microeconomics studies the choices made by households, firms and governments and how these choices affect the markets. It analyzes the behaviors and decisions of individual actors, such as consumers and producers, and how they interact in various market settings. Therefore, option D, households, firms and governments, is the correct choice.

Microeconomics Is the Study of the Choices Made by ________