Answer:
D). Decisions made by individual households and firms.
Explanation:
'Microeconomics' is described as the branch of economics that is associated with the study of individual units like a household, firm, etc. or solitary factors that contribute to affecting the allocation or distribution of the limited(scarce) resources through their specific actions or decisions.
As per the question, Microeconomics concentrates on the 'decisions made by the individual households and firms' as their decision-making influences the allotment of scarce resources. Thus, this branch of economics is focused on analyzing the individual factors that contribute to influencing resource allocation and produce the situations in which they can attain the desirable allotment. Thus, <u>option D</u> is the correct answer.
Answer:
ITS B
Explanation:
The direction of velocity is perpendicular to the direction of the position and tangent to the circular orbit. Direction of velocity is constantly changing. When an object moves in a circular orbit, the direction of the velocity changes and the speed may change as well.
The direction of velocity changes at every point in a circular motion. The tangent at any point gives the direction of velocity at that point, where as acceleration is always directed towards the recent in a uniform circular motion.
"If anything, a cartel is likely to collapse and lose power over time".
