Microeconomics is the branch of economics that deals with
A) highly aggregated markets or the entire economy.
B) the production side of the economy,exclusively.
C) the buying side of the economy,exclusively.
D) human behavior and choices as they relate to relatively small units --- an individual,a firm,an industry.

Question

Quizplus · Accepted Answer

Microeconomics focuses on studying the behavior and decision-making of individuals, firms, and industries within the economy. It is concerned with how these smaller units interact in various markets to allocate resources and maximize their own interests. This differs from macroeconomics, which looks at the economy as a whole and its overall performance, including inflation, employment, and economic growth.

Microeconomics Is the Branch of Economics That Deals with