Multiple Choice
Microeconomics is the study of:
A) marginal or inferior products.
B) how to use the fewest natural resources to produce goods and services.
C) the behavior of the economy as a whole.
D) the economic behavior of individual decision makers.
E) the government's role as a producer in the economy.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: "An increase in the price of a
Q10: The ceteris paribus assumption is a behavioral
Q11: "There should be less discrimination against women"
Q12: A rational individual gives more to charity
Q14: Which of the following would be a
Q15: Which of the following is an example
Q16: Which of the following is not an
Q17: If a business produces and sells only
Q17: The assumption of rational self-interest means that
Q18: An economist would classify 100 shares of