Multiple Choice
What type of economics studies the economic behaviour of individual decision makers as well as the determination of price and output in specific markets?
A) microeconomics
B) macroeconomics
C) positive economics
D) normative economics
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Why must all economic models involve simplifications?
Q2: Which of the following is NOT part
Q4: Canada has an abundant supply of fresh
Q5: What statement describes the reality of scarcity?
Q6: Why does economic scarcity exist? <br>A) because people
Q7: What does it mean to say that
Q8: What is microeconomics the study of? <br>A) marginal
Q9: What is implied by the assumption that
Q10: Elijah, a basketball fan, reasons that because
Q11: What is a good theory? <br>A) one that