Which of the following would not be studied in microeconomics?
A) How individual firms decide how much to produce.
B) Whether to study or watch TV tonight.
C) How an early freeze in California will affect the price of fruit.
D) Whether the federal budget should be balanceD.The federal budget is a topic related to the performance of the national economy, and therefore is a macroeconomic topic.The other issues relate to individual choices and individual markets, and so are microeconomic topics.
Correct Answer:
Verified
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