The primary focus of microeconomics is
A)to examine the operation of the entire (aggregate)economy.
B)to study how we managed to eliminate scarcity.
C)to examine the behavior and operation of the individual units or sectors that make up the economy.
D)our government's monetary policy.
E)the levels of employment and inflation.

Question

Quizplus · Accepted Answer

Microeconomics focuses on the behavior and decision-making processes of individual units, such as households and firms, within the economy.

The Primary Focus of Microeconomics Is