Which of the following is a microeconomic issue?
A) Why has unemployment risen nationwide?
B) What is the impact on the quantity of Pepsi purchased if consumers' tastes change in favour of non-carbonated drinks?
C) Why has economic growth been rapid in China?
D) Why did overall production increase in Australia last year?
E) Why is the average income lower in Africa than in Latin America?
Correct Answer:
Verified
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