Which of the Following Is a Microeconomic Topic

question 123

Multiple Choice

Which of the following is a microeconomic topic?
i.K-Mart's decision to close stores that are not making a profit
ii.Home Depot's choice to hire more full-time employees because its sales increased
iii.Delta Airlines changes its fares.

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

Analyze the effect of market conditions on the demand for labor.

Identify the conditions under which firms will expand or decrease their employment of labor.

Understand the impact of international trade on domestic labor demand.

Recognize the factors that cause shifts in a firm’s demand curve for labor.

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Definitions:

Pretest Loop

A loop in programming that checks its condition before executing the body of the loop, ensuring the loop runs zero or more times.

Repetition

In programming, refers to the action of repeating a set of instructions a specified number of times or until a certain condition is met, often achieved through loops.

Condition

An expression that can be evaluated as true or false, typically used in decision-making structures within programming.

Selection

A process or statement in programming that chooses between two or more paths of execution based on certain conditions.