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Economics 101 Spring 2019 April 16, 2019, Midterm Exam 2Name ___ TA Name ___ Discussion Section # ___ Student ID # ___ VERSION 1DO NOT BEGIN WORKING UNTIL THE INSTRUCTOR TELLS YOU TO DO SO. READ THESE
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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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The purpose of microeconomics is to analyze how individuals and firms make decisions in allocating resources efficiently.
There is no specific information to report on microeconomics as it is a theoretical concept in economics.
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