Examlex
Regarding being single,which of the following statements is true?
Positive
Refers to statements or assertions that are objective and based on factual evidence, often used in the context of affirming information in sciences and economics.
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.
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