Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

the study of how individual businesses, families, and shoppers make dec…

Question

the study of how individual businesses, families, and shoppers make decisions to distribute their limited resources in the exchange of products and services is known as

a. microeconomics
b. the consumer price index
c. macroeconomics
d. marketing
e. supply and demand study

Explanation:

Brief Explanations

Micro - economics focuses on individual economic agents' decisions. The others don't match this definition.

Answer:

A. microeconomics