EvenFlow A+++ work...

Questions should be 1.5 pages in length with references as needed. 

1.)  How does the study of microeconomics differ from that of macroeconomics? Give one

example each of an issue studied in microeconomics and in macroeconomics.

2.)  Why might it be good for members of a corporation’s board of directors to own the

firm’s stock?

3.) How are market price, average revenue, and marginal revenue related for a perfectly

competitive firm and why?