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:

Shareholder Value

The financial worth that a company provides to its shareholders, considered a measure of a company's success or failure in creating returns on investment.

Stakeholder Responsibility

The obligation of an organization towards its stakeholders, including customers, employees, investors, and the community, to operate ethically and sustainably.

Organization

A structured group of people working together to achieve specific goals through a coordinated effort.

Ethical Intensity

Refers to the degree of importance or significance given to an ethical issue, determined by its potential impact on stakeholders and the urgency of addressing it.