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Author Question: Microeconomics studies A) decisions made by individual consumers and firms. B) the changes in ... (Read 45 times)

K@

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on: Jun 29, 2018
Microeconomics studies
 
  A) decisions made by individual consumers and firms.
  B) the changes in economic theory brought about by real-world events.
  C) how small changes in the unemployment rate can have far-reaching effects.
  D) how small changes in the money supply can have far-reaching effects.

Question 2

A typical economic good has which one of the following characteristics?
 
  A) The desired quantity exceeds the quantity available at a zero price.
  B) The quantity available exceeds the desired quantity at a zero price.
  C) It uses no resources to produce.
  D) It is never scarce.


Brenm

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


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