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

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

Microeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506893

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter1: The Economic Approach

Section: Chapter Questions

Problem 3CQ

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