Question: I need typed solution with explanation. Don't use AI BOT. Explain correct option and why reaming options are incorrect I will thumb up. Microeconomics studies

I need typed solution with explanation. Don't use AI BOT. Explain correct option and why reaming options are incorrect I will thumb up.

Microeconomics studies the resource allocation decisions of ________.

  1. "individual businesses, persons, or organizations"
  2. financial institutions
  3. small companies
  4. national governments

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