Microeconomics is the study of:
A)marginal or inferior products.
B)how to use the fewest natural resources to produce goods and services.
C)the behavior of the economy as a whole.
D)the economic behavior of individual decision makers.
E)the government's role as a producer in the economy.

Question

Quizplus · Accepted Answer

Microeconomics is focused on understanding the economic decision-making of individuals, households, and businesses. It examines how they allocate resources and make choices based on their incentives and constraints.

Microeconomics Is the Study Of