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What is the study of microeconomics concerned with?

What is the study of microeconomics concerned with?

a. The behavior of individual consumers and firms

b. The behavior of aggregate economic variables

c. The interaction between consumers and firms

d. The allocation of resources within an economy

Answer: a

Explanation: Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of limited resources. 

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