An economist studies the consumer behavior in a particular area.This is an example of _____.

A) microeconomics
B) macroeconomics
C) sociology
D) psychology

Question

An economist studies the consumer behavior in a particular area.This is an example of _____.A) microeconomicsB) macroeconomicsC) sociologyD) psychology

ROMA MIKAELA AMBROCIO · Accepted Answer

Final Answer : A, Explanation :  Microeconomics focuses on the actions of individuals and industries, like the dynamics between buyers and sellers, borrowers and lenders. Studies of consumer behavior fall under this category as they examine how individuals make decisions to allocate their resources.

An economist studies the consumer behavior in a particular area.This is an example of _____.

A) microeconomics
B) macroeconomics
C) sociology
D) psychology

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