Which of the following statements is true? Time left Select one: O a. Microeconomics studies producer behavior, whereas macroeconomics studies consumer behavior. O b. Microeconomics studies consumer behavior, whereas macroeconomics studies producer behavior O c. Microeconomics studies inflation and opportunity costs, whereas macro-economics studies unemployment and marginal costs. O d. Microeconomics studies behavior of individual households and firms, whereas macroeconomics studies national aggregates.

Which of the following statements is true? Time left Select one: O a. Microeconomics studies producer behavior, whereas macroeconomics studies consumer behavior. O b. Microeconomics studies consumer behavior, whereas macroeconomics studies producer behavior O c. Microeconomics studies inflation and opportunity costs, whereas macro-economics studies unemployment and marginal costs. O d. Microeconomics studies behavior of individual households and firms, whereas macroeconomics studies national aggregates.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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