Microeconomics and Organizational Behavior Quiz

The economic principles governing consumer behavior

The internal processes involved in production

The relationship between firms and the outside environment (correct)

The organizational behavior and design within firms

Not regarded as an issue of economics in itself (correct)

Viewed as the main determinant of firm success

Treated as issues of organizational behavior

Considered as the primary focus of microeconomics

Applied and developed economic principles to better understand activity inside the firm (correct)

Studied only the relationship between firms and the outside environment

Ignored the internal activities of firms

Focused solely on consumer behavior

<p>Treated as issues of organizational behavior and organizational design</p> Signup and view all the answers

<p>A firm was able to measure the costs associated with any pattern of exchanges with the outside environment</p> Signup and view all the answers