Microeconomics _____ with decision making by individual economic agents such as firms and consumers

Microeconomics _____ with decision making by individual economic agents such as firms and consumers.

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is concern
concerns
concerned
is concerned
Microeconomics _____ at specific economic units.

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looks
looked
look
looking
The study of individual choice and the study of group behavior in individual market both _____ he rubric of microeconomics.

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comes down
down comes
come under
down come
The training of all economists _____ on microeconomic analysis.

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are focused
is focused
are focuse
is focuse
What makes microeconomics such a ______ subject?

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challenge
challenging
challenged
challenges
Microeconomic topics ______ in daily newscasts.

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is heard
heard
hear
are heard
Microeconomics _____ also _____ as price theory.

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is also known
are also known
also know
also known

For two centuries, price theory _____ the centre of attention of economists.

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to has been
have been
has been
to have been

One of the goals of Microeconomics is _____ market mechanisms that establish relative prices amongst goods and services.

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to analyze
analyze
analyzes
analyzed
Production theory is the study of production or the economic process of _____ inputs into outputs.

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converting
converted
convert
converts
Microeconomics is the study of economics at an _____ level.

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group, individual or company level
group
company
individual
Microeconomics deals with the effects of _____ economic policies.

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internal
foreign
international
national
____ plays a key role in microeconomics.

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Optimized
Optimization
Optimizing
Optimize
_____ is an important concept in microeconomics.

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Demand cost
Opportunity demand
Cost demand
Opportunity cost
If you know Consumer demand theory, you ______ preferences for the consumption.

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know
knows
knew
to know
The _____ maximization problem is the heart of consumer theory.

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demand
opportunity
utility
cost
_____ is the limited nature of society’s resources.

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demand
Scarcity
Cost
Opportunity
_____ the quantity of goods and services produced from each unit of labor input.

Выберите один ответ:
Scarcity
Productivity
Cost
Demand
_____ is the property of distributing economic prosperity uniformly among the members of society.

Выберите один ответ:
Productivity
Cost
Demand
Equality
_____ is the property of society getting the most it can from its scarce resources.

Выберите один ответ:
Demand
Cost
Efficiency
Scarcity

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