Which is an illustration of a microeconomic question?
A) What is the current national rate of unemployment?
B) Is the economy experiencing a declining rate of inflation?
C) Will a new type of television set increase the number of buyers?
D) Is the production of goods and services in the economy greater this year than last year?

Question

Quizplus · Accepted Answer

This question is asking about the impact of a specific product on consumer behavior. This is a microeconomic question as it is focused on individual consumer and producer decision-making.

Which Is an Illustration of a Microeconomic Question