looks at the economy as a whole, whereas studies the behavior of individual decision - making…

looks at the economy as a whole, whereas studies the behavior of individual decision - making units.\nmicroeconomics; macroeconomics\nmacroeconomics; microeconomics\nmacroeconomics; econometrics\neconometrics; microeconomics\nquestion 4\n1 pts\nassuming pizza is a normal good, if your income increases, then your demand for pizza will and quantity demanded for pizza will .\nincrease; not change\nincrease; decrease\nincrease; increase\nnot change; increase\nquestion 5\n1 pts\nthe quantity of a good a consumer is willing to buy depends on:\nthe opportunity cost of purchasing that good.\nthe consumers income.\nthe price of a good.
Answer
Brief Explanations:
- Macroeconomics examines the economy as a whole, while microeconomics focuses on individual decision - making units.
- For a normal good like pizza, an increase in income leads to an increase in demand and quantity demanded.
- The quantity a consumer is willing to buy depends on opportunity cost, income, and price.
Answer:
- B. Macroeconomics; Microeconomics
- C. increase; increase
- All of the above (since the quantity a consumer is willing to buy depends on the opportunity cost of purchasing the good, the consumer's income, and the price of the good)