O-LevelEconomicsMicroeconomic decision makers2281/12 · May/June 2020 · Q41 Mark

Microeconomics analyses choices in various situations. Which area of economic study does it not include?

Acosts and revenues of a firm

Bindividual consumer behaviour

Cpolicies for economic growth

Dwages for different occupations

✓ Correct answer

C: policies for economic growth

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Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2020 Paper 1 Variant 2, question 4.

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