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In Economics / Senior High School | 2025-05-16

What is microeconomics mainly concerned with?
A. Studying how countries trade
B. Studying decisions made by individuals and businesses
C. Controlling government budgets
D. Measuring inflation worldwide

Asked by Fyke7717

Answer (1)

The correct answer is letter B. Microeconomics focuses on how individuals and firms make decisions and how these decisions affect supply and demand in specific markets.

Answered by MaximoRykei | 2025-05-17