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maks197457 [2]
3 years ago
14

4. Who is not a decision maker in Microeconomics

Business
1 answer:
Finger [1]3 years ago
4 0

Answer:

(C) A government deciding which products to tax

Explanation:

Microeconomics is the subdivision of economics that studies the economic decisions of individuals, households, and firms. It is concerned with around how firms and households allocate scarce resources to meet different needs. It analyses how limited resources are distributed to many alternatives.

Microeconomics deals with individual choices, the factors that influence those choices, and how those decisions influence supply and demand in individual markets. Tax decisions affect the entire economy and not individual markets. Government decisions on taxation are concerns of Macroeconomics.

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