Answer:
a detailed examination of specific economic units that make up the economic system.
Explanation:
Microeconomics -
It refers to the study of all the economic units of the society , which interferes in making the economic system , is referred to as microeconomics .
It helps to give the idea about the alteration of different values of the goods and services , and the reason for making an efficient and productive decision .
Microeconomics and macroeconomics together helps to study the complete economics subject .
Option B A hush school student interested in management
Management accounting is an area of accounting known for providing information to internal users.
<h3>What is management accounting?</h3>
Management Accounting is an area of accounting that refers to providing information to support internal management decisions. This accounting assist managers identify problem areas in budgeting and then develop a different plan to addressing those problems.
The role of management accounting includes:
- Monitoring costs
- Conduct audits
- Identify past trends and predict future needs.
Therefore, the area of accounting concerned with providing internal users with information is known as management accounting.
Learn more about management accounting here : brainly.com/question/1283492
The statement " Continued losses in an industry will cause some firms to reduce output or eventually leave the industry " is True
Explanation:
The goal of all businesses is to reduced risk and reduce expenses while retaining productivity and deliver a good product at a consistent rate and cost.
Although company owners know how much they can deliver under optimum organisational and financial conditions, this volume is seldom consistently produced by most firms. Unexpected events inevitably lead to less than the expected amount.
For example, a computer may stop working, and employees can stop producing while waiting for machine repairs. In other situations, production is slowed down or halted by planned events.
