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Homework answers / question archive / In the microeconomics in context model, the sectors of economic activity include: a

In the microeconomics in context model, the sectors of economic activity include: a

Economics

In the microeconomics in context model, the sectors of economic activity include:

a. households, families and communities

b. the public purpose sector

c. the business sector

d. all of the above

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In the microeconomics in the context model, the sectors of economic activity include:

d. all of the above

Microeconomics studies the behavior of a particular group which means the behavior of a particular firm or individual. It does not take the nation as a whole. Therefore, Microeconomics studies the model of households, families, and communities and the public purpose sector and business sector.