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Which of the following refers to the study of the economic behavior of individual decision-making units, such as individual consumers, resource owners, and business firms, in a free-enterprise system?
A. Managerial economics
B. Macroeconomics
C. Microeconomics
D. Econometrics

Respuesta :

Answer:

C. Microeconomics

Explanation:

  • Being a part of the economics that studies the behavioral patterns in the individual in decision making of the organization and regarding the allocation of resources and their interaction amongst the resources.
  • Focuses more on the elasticity of demand and shows how responsive an economic variable is likely to bring a charge on the economic variable.

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