Microeconomics is the study of ________.
A) the costs of production as a means of stimulating the economy and policies that raise capital and labor output by increasing the incentive to produce
B) economic and financial data of the country by the application of mathematics and statistics
C) the overall working of an economy in the society including its monetary and fiscal policies
D) economic behavior among consumers, businesses, and industries that collectively determine the quantity of goods and services demanded and supplied at different prices
E) a nation's economic issues, such as the effect of government policies and the ownership of factors of production

Question

Quizplus · Accepted Answer

A)The study of economic behavior among consumers, businesses, and industries that collectively determine the quantity of goods and services demanded and supplied at different prices is termed microeconomics.
B)The study of economic behavior among consumers, businesses, and industries that collectively determine the quantity of goods and services demanded and supplied at different prices is termed microeconomics.
C)The study of economic behavior among consumers, businesses, and industries that collectively determine the quantity of goods and services demanded and supplied at different prices is termed microeconomics.
D)The study of economic behavior among consumers, businesses, and industries that collectively determine the quantity of goods and services demanded and supplied at different prices is termed microeconomics.
E)The study of economic behavior among consumers, businesses, and industries that collectively determine the quantity of goods and services demanded and supplied at different prices is termed microeconomics.

Microeconomics Is the Study of ________