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Question
b. select the following economic scenario that would be considered an example of microeconomics.
the governor of montana proposes lowering the tax rate in her state in order to attract more business
congress passed a trillion - dollar stimulus bill to stimulate the u.s. economy
a large computer company, worth billions of dollars, launches a new product that could double its profits
the president of the united states and the president of china agree to a treaty that will boost trade between the world’s two largest economies
Microeconomics focuses on individual firms, households, and specific markets, rather than entire national/global economies. The computer company's product launch is a decision by a single firm, fitting microeconomics. The other options involve state/national/global-level economic policies or agreements, which fall under macroeconomics.
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A large computer company, worth billions of dollars, launches a new product that could double its profits