_____19. Which of the techniques is not employed in microeconomics? a. Models c. mathematics b. Dissection d.statistics _____20. Microeconomic Theory studies the economic behaviour of: A. Consumer C. Business firm B. A resource owner d. household

_19. Which of the techniques is not employed in microeconomics? a. Models c. mathematics b. Dissection d.statistics _20. Microeconomic Theory studies the economic behaviour of: A. Consumer C. Business firm B. A resource owner d. household

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter1: Introducing The Economic Way Of Thinking

Section: Chapter Questions

Problem 3SQP

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Question

_____19. Which of the techniques is not employed in microeconomics?

a. Models c. mathematics

b. Dissection d.statistics

_____20. Microeconomic Theory studies the economic behaviour of:

A. Consumer C. Business firm

B. A resource owner d. household

Study of decisions made by households and business firms at an individual level. It includes several laws and theorems related to demand, supply, production, allocation of resources, and prices.

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