Which of the following is a microeconomic topic?
i.Gas prices increase after a hurricane hits the gulf coast.
ii.Xavier starts a new business designing web pages.
iii.Abby decides to practice an extra hour of soccer instead of studying.
A) i, ii and iii
B) i only
C) ii and iii
D) ii only
E) i and ii

Question

Quizplus · Accepted Answer

Microeconomics deals with individual and business decisions, such as price changes due to specific events (i), starting a new business (ii), and individual choices like time allocation (iii).

Which of the Following Is a Microeconomic Topic