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Homework answers / question archive / 1)Which of the following would least likely be considered a microeconomic question? a) Should a household purchase a new vehicle? b) What was the total value of investment in the U

1)Which of the following would least likely be considered a microeconomic question? a) Should a household purchase a new vehicle? b) What was the total value of investment in the U

Economics

1)Which of the following would least likely be considered a microeconomic question?

a) Should a household purchase a new vehicle?

b) What was the total value of investment in the U.S. economy last year?

c) Should a firm shut down their operations?

d) What is Microsoft s profit maximizing price for the latest edition of Office?

2)Which of the following does not cause a shift in the demand curve?

A. changes in the price of related goods

B. changes in consumer patterns

C. changes in the price of the goods

D. changes in personal preferences

E. changes in the income of buyers

Option 1

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