Which of the Following Is an Example of a Microeconomic

question 518

Multiple Choice

Which of the following is an example of a microeconomic decision?

• A) a small shoe factory deciding how much leather to purchase for the next quarter's production need
• B) an individual deciding how to allocate the time he or she has for work and leisure
• C) a multinational company deciding where to relocate its world headquarter
• D) All of the above answers are correct.

---

Definitions:

Trail Markers

Signs or symbols placed along a trail or path to guide or provide information to travelers, hikers, or explorers.

Ovulation

The moment when an egg released from an ovary into the womb is receptive for fertilization.

Social Organizational Unit

Refers to structured groups within a society, such as families, religious organizations, or clubs, that govern how individuals interact and fulfill collective and individual needs.

Binocular Vision

The ability to perceive a single three-dimensional image of the surroundings through the combined use of both eyes, enhancing depth perception.