Which of the Following Is a Microeconomic Topic

question 168

Multiple Choice

Which of the following is a microeconomic topic?
i.Gas prices increase after a hurricane hits the gulf coast.
ii.Xavier starts a new business designing web pages.
iii.Abby decides to practice an extra hour of soccer instead of studying.

• A)i and ii
• B)ii and iii
• C)ii only
• D)i, ii and iii
• E)i only

---

Definitions:

Distribution

The process of making a product or service available for use or consumption by a consumer or business user, using direct or indirect means, across different channels.

Transportation

The process or method by which passengers or goods are moved from one place to another.

Facility Operations

Activities related to the day-to-day running of business facilities, ensuring they are efficient, safe, and meet the needs of the operation.