The impact of carbon taxes on the energy usage of individual households and firms is studied under ________.
A) microeconomics
B) macroeconomics
C) normative economics
D) positive economics

Question

Quizplus · Accepted Answer

The impact of carbon taxes on the energy usage of individual households and firms is a microeconomic issue, as it pertains to the behavior and decision-making of specific actors in the economy, rather than the aggregate performance of the overall economy as a whole (which is the concern of macroeconomics).

The Impact of Carbon Taxes on the Energy Usage of Individual