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love history [14]
3 years ago
10

The basic difference between macroeconomics and microeconomics is:_________.

Business
1 answer:
hammer [34]3 years ago
4 0

Answer:

c. microeconomics concentrates on the behavior of individual consumers and firms while macroeconomics focuses on the performance of the entire economy.

Explanation:

Macroeconomics analyzes the behavior and performance of the entire economy. It examines all the aggregate indicators that influence economic performance. These factors inflation,  unemployment rate, growth rate, and gross domestic product. The Government and other stakeholders use macroeconomic data to formulate policies aiming at directing the economy in the intended direction.

Microeconomics is the analysis of how firms and individual households allocate limited resources to satisfy unlimited wants. It studies how individuals make choices and how those choices affect the production and consumption of a product. Microeconomics is concerned with a single product or market, while macroeconomics deals with the whole economy.

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Information such as parking issues, choice of location, and specialized equipment should be included in the _______ portion of y
34kurt
C i believe is the best answer
6 0
3 years ago
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Consumer surplus is the difference between the ___ price a consumer is willing to pay for a product and the price paid.
shusha [124]

Consumer surplus is the difference between the highest price a consumer is willing to pay for a product and the price paid.

A consumer is someone or a group who intends to order, orders, or uses purchased goods, products, or services basically for private, social, family, household and comparable desires, not at once related to entrepreneurial or business sports.

Any individual who purchases services or products for his non-public use and no longer for manufacturing or resale is called a purchaser. A customer is one who's the selection-maker whether or now not to buy an object at the store or a person who is stimulated by using advertisement and advertising

Purchasers represent the top trophic levels. unlike manufacturers, they cannot make their own meals.

Learn more about Consumers here:brainly.com/question/380037
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4 0
1 year ago
A local radio station gives away concert tickets at random times everyday to reward listeners. What schedule of reinforcement ar
Elena-2011 [213]

Answer:

b. variable interval

Explanation:

Schedules of reinforcement based on lapsed time are known as interval schedules. They are either fixed-interval or variable-interval schedules.

Variable-interval schedules provide reinforcement/reward after random time-interval. The interval of time is irregular but revolves around some average length of time. Reinforcement is therefore dispensed unevenly within a stated period.

7 0
4 years ago
Read 2 more answers
Common stock with a total par value of $50,000 (par value of $0.50 per share) have been issued, and 5,000 shares of treasury sto
Wittaler [7]

Answer: 95000 shares

Explanation:

The total shares that are outstanding will be calculated as the difference between the total shares issued and the treasury Share purchased.

The number of shares issued will be calculated as:

= 50000/0.50

= 100000 Shares

Therefore, the total shares that are outstanding will be:

= 100000 shares - 5000 shares

= 95000 shares

4 0
3 years ago
A company reports the following amounts at the end of the year:
Inga [223]

Answer:

33.33%

Explanation:

Given:

Sales revenue = $360,000

Cost of goods sold = $240,000

Net income = $53,000

Now,

the gross profit = Sales revenue - Cost of goods sold

or

The gross profit = $360,000  - $240,000  = $120,000

Thus,

the company's gross profit ratio = \frac{\textup{Gross Profit}}{\textup{Sales revenue}}

or

The company's gross profit ratio =  \frac{120,000}{\textup{360,000}

or

The company's gross profit ratio = 33.33%

8 0
3 years ago
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