Which of the Following Is a Microeconomic Topic

question 71

Multiple Choice

Which of the following is a microeconomic topic?
i.Gas prices increase after a hurricane hits the gulf coast.
ii.Xavier starts a new business designing web pages.
iii.Abby decides to practice an extra hour of soccer instead of studying.

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

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Definitions:

Arousal Deviation

A divergence in the level of physiological or psychological arousal from an individual's normal baseline or optimum level, which can affect behavior and performance.

Social Support Theory

A theory suggesting that the perception or reality of having support from others can significantly impact an individual’s health and well-being.

Social Relationships

Connections between individuals in a society, formed by emotional bonds and interactions, which can significantly influence behavior and well-being.

Buffer

A means or mechanism that reduces the impact of external changes or stresses, maintaining stability in a system or process.