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In: Economics

Studying how the management of US Steel, a large steel-producing company, decides how many tons of...

Studying how the management of US Steel, a large steel-producing company, decides how many tons of steel to produce and the price to charge for its steel would be considered

    a. descriptive economics.

    b. empirical economics.

    c. microeconomics.

     d.   macroeconomics

Solutions

Expert Solution

Option C ( microeconomics)

Explanation-

Microeconomics is the study of Individual industries, Firms and household behavior in decision making and allocation of resources.

Rahul Sunny answered 2 years ago
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