Multiple Choice
Which of the following would not be studied in microeconomics?
A) How individual firms decide how much to produce.
B) Whether to study or watch TV tonight.
C) How an early freeze in California will affect the price of fruit.
D) Whether the federal budget should be balanced.
Correct Answer:
Verified
Correct Answer:
Verified
Q49: You want to buy a TV that
Q50: The Cost-Benefit Principle indicates that an action
Q51: The cost-benefit model used by economists is:<br>A)unrealistic
Q52: If a person takes an action if,
Q53: A firm pays Pam $40 per hour
Q55: Dean should play golf instead of preparing
Q56: According to the Cost-Benefit Principle, you should
Q57: Economists use abstract models because:<br>A)every economic situation
Q58: You paid $35 for a ticket (which
Q59: By convention, there are two major divisions