Examlex
Which of the following marine ecosystems is least polluted from ocean dumping and coastal development?
Microeconomics
The part of economics concerned with (1) decision making by individual units such as a household, a firm, or an industry and (2) individual markets, specific goods and services, and product and resource prices.
Economic Units
Entities such as individuals, households, and firms that make decisions about the allocation of resources and the consumption of goods and services.
Economic System
The organized way a society allocates its resources and apportions goods and services in the national community.
Normative Economics
The branch of economics that applies value judgments to data to recommend actions or policies, focusing on what ought to be rather than what is.
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