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QUESTION IMAGE

the study of how individual businesses, families, and shoppers make dec…

Question

the study of how individual businesses, families, and shoppers make decisions to distribute their limited resources in the exchange of products and services is known as ______. a. marketing b. supply and demand study c. the consumer price index d. macroeconomics e. microeconomics

Explanation:

Brief Explanations

The question is about the study of how individual businesses, families, and shoppers make decisions regarding resource distribution in product and service exchange. Microeconomics focuses on individual economic agents (like firms, households) and their decision - making, while macroeconomics deals with the economy as a whole. Marketing is about promoting/selling products, supply - demand study is a part of economics but not the term for this broad study of individual agents, and the consumer price index is a macroeconomic indicator. So the correct answer is related to microeconomics.

Answer:

E. microeconomics