Which of the Following Is an Example of a Microeconomic

question 269

Multiple Choice

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

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

---

Definitions:

Final Exam

A comprehensive test covering material from an entire course, usually administered at the end of an academic term.

Control Group

In experimental research, a group of subjects that does not receive the experimental treatment or intervention, serving as a baseline to compare effects.

Memory Task

An activity designed to assess or improve the capacity to recall or recognize information.

Experimental Group

In research, the group of participants that receives the treatment or condition being tested, contrasted with the control group that does not.