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SpyIntel [72]
3 years ago
9

which of the following below would microeconomics focus on ? a)the psychological effects of unemployment b)decisons which affect

entire nations c)individual decisins under scarcity
Social Studies
1 answer:
liraira [26]3 years ago
3 0

The answer is option C

Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.

Hope this helps!

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Earth’s rocks change from one type into another, as described in the rock cycle. True or False.
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I believe that's true.

Explanation:

The three rock types are igneous, metamorphic, and sedimentry rocks. The processes that change them into eachother are crystalization for igneous, metamorphism for metamorphic rocks, and erosion and seddimentation for sedimentry rocks. Any rock can transform into each other through one or more of these processes.

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2 years ago
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7 0
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Firdavs [7]

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3 years ago
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Answer:

C. Displacement

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Please explain what a Giffen good is and how it violates laws of demand?
Anna35 [415]
A giffen good is a good whose demand rises when the price rises, which is opposite to the laws of demand because the laws of demand state that a rise in price will result in a reduction of demand. An example can be a staple food like bread. If the price of bread rises, people will buy it more because they'll have to cut back on other more expensive things, of course this applies in theory.
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