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The branch focusing on individual parts such as households or single firms is:
AMetaeconomics
BMicroeconomics
CMacroeconomics
DMixedeconomics
Answer & Solution
Correct answer: B. Microeconomics
1. The scope is narrow and specific.
2. The whole economy is studied elsewhere.
3. It is microeconomics.
_Source: OpenStax Introduction to Business, Chapter 1, Understanding Economic Systems and Business._
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