Which of the following is a microeconomic topic?
A) The unemployment rate in Oregon is about 4 percent.
B) Real gross domestic product in the United States decreased by about 1.5 percent between 2009 and 2010.
C) The gross domestic product of Mexico has steadily increased since 2010.
D) Consumers have recently shown a strong preference for ridesharing services rather than conventional taxicabs.

Question

Quizplus · Accepted Answer

Microeconomics focuses on the actions of individuals and industries, like the behaviors of buyers, sellers, and the dynamics of markets. The preference for ridesharing services over conventional taxicabs is a microeconomic topic because it deals with consumer choice and market trends on a smaller, more individual scale.

Which of the Following Is a Microeconomic Topic