Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 05, 2024

Microeconomics focuses mainly on the study of decisions made by __________. a.) individuals and firms b.) local and national governments c.) firms and national governments

Microeconomics focuses mainly on the study of decisions made by __________.

a.)

individuals and firms

local and national governments

firms and national governments

individuals and local governments

Can I get a explanation why the answer is A???

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Lever Of Riches Technological Creativity And Economic Progress

Authors: Joel Mokyr

1st Edition

0195074777, 9780195074772

More Books

Students also viewed these Economics questions

Question

★★★★★

A companys statement of cash flows shows its cash inflows, cash outflows, and net change in cash from the operating, investing, and financing activities during an accounting period. Required Prepare...

Answered: 1 week ago

Question

★★★★★

Look again at projects E and F in Section 5.3. Assume that the projects are mutually exclusive and that the opportunity cost of capital is 10 percent. a. Calculate the profitability index for each...

Answered: 1 week ago

Question

★★★★★

There are two servers available to process n jobs. Initially, each server begins work on a job. Whenever a server completes work on a job, that job leaves the system and the server begins processing...

Answered: 1 week ago

Question

★★★★★

Markowis Corporation sells three different models of mosquito zapper. Model A12 sells for $50 and has variable costs of $40. Model B22 sells for $100 and has variable costs of $70. Model C124 sells...

Answered: 1 week ago

Question

★★★★★

Amtson, Inc., manufactures and sells two products: Product R3 and Product NO. The annual production and sales of Product of R3 is 1,100 units and of Product NO is 500 units. Data concerning the...

Answered: 1 week ago

Question

★★★★★

The reaction below has a Kp value of 3.3105. What is the value of Kc for this reaction at 700K ? 2SO3(g)2SO2(g)+O2(g)3.31055.71073.01041.71061.9103

Answered: 1 week ago

Question

★★★★★

Burdeno Appliances has two divisions, Sales and Financing. Sales is responsible for selling Burdeno's Inventory and maintaining Inventory for future sale. Financing Division takes loan applications,...

Answered: 1 week ago

Question

★★★★★

Golden Food Products produces special-formula pet food. The company carries no inventories. The master budget calls for the company to manufacture and sell 120,000 cases at a budgeted price of $60...

Answered: 1 week ago

Question

★★★★★

Please answer as per question otherwise it would be reported. Identify the elements that the Crown must prove for each of the offences that the accused was charged with on January 12, Y0. On January...

Answered: 1 week ago

Question

★★★★★

Judging types (J) tend to intermix work and play. Group of answer choices True False

Answered: 1 week ago

Question

★★★★★

Patrick Corporation acquired 100 percent of O'Brien Company's outstanding common stock on January 1 for $617,000 in cash. O'Brien reported net assets with a carrying amount of $351,000 at that time....

Answered: 1 week ago

Question

★★★★★

4. Try a one-day news fast. Do not read, watch, or listen to any news for a day and see how you feel.

Answered: 1 week ago

Question

★★★★★

c. Turn up the volume and make another attempt to identify the communication style of the persons portrayed on the screen. This time the identification process should be easier because you will be...

Answered: 1 week ago

Question

★★★★★

b. On the sociability continuum, place a mark where you feel she belongs.

Answered: 1 week ago

Previous Question Next Question