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Homework answers / question archive / The primary focus of microeconomics is: A
The primary focus of microeconomics is:
A. families and how they make money.
B. firms and how they make profits.
C. individual units within the overall economy.
D. government.
E. small countries.
The correct option is:
C. individual units within the overall economy.
Microeconomics concentrated on the study of small units in the economy and help them decide the allocation of scarce resources so as to maximize their satisfaction.
