Multiple Choice
Which of the following is a microeconomic issue?
A) Why has unemployment risen nationwide?
B) What is the impact on the quantity of Pepsi purchased if consumers' tastes change in favour of non-carbonated drinks?
C) Why has economic growth been rapid in China?
D) Why did overall production increase in Australia last year?
E) Why is the average income lower in Africa than in Latin America?
Correct Answer:
Verified
Correct Answer:
Verified
Q51: Which of the following is a microeconomic
Q52: A statement that 'all children should receive
Q53: If the quantity of the variable on
Q54: An incentive is<br>A) the marginal cost of
Q55: The cost of a one-unit increase in
Q57: As a shoe factory adds more workers,
Q58: When an electricity distribution company decides to
Q59: Choices that are best for the society
Q60: Because human wants are insatiable and unlimited
Q61: By donating $1,000 to the Salvation Army,