Most of the criticism was as a result of benching Alexandre Lacazette, with the Frenchman being sent on for only around ten minutes, with the Gunners searching for a late equaliser.
Lacazette barely had a kick in the game, yet BBC Sport pundit and former footballer Garth Crooks feels that Arteta should have started him, or at least been introduced earlier.
The pundit also criticised Arteta for leaving Pierre-Emerick Aubameyang so isolated throughout the game, especially at home when they would have been considered favourites.
"Once again, Arsenal coach Mikel Arteta left his best striker - Pierre-Emerick Aubameyang - isolated for much of the match and brought on Alexandre Lacazette (a proven goalscorer) with only 10 minutes remaining," Crooks claimed.
He added "So let me get this straight - the Gunners were playing at home against Wolves and played with only one recognised goalscorer up front?"
Arteta could have a point for not starting Lacazette, with the Frenchman being badly out of form this season.
The £46 million forward has been dreadful so far this season, scoring just three goals in 11 appearances in all competitions, being left on the bench on numerous times.
However, Arsenal have struggled when it comes to the attack, even without Lacazette, not even managing a shot on target in the second half against Wolves.
Lacazette has been linked with moves away from the club, yet it is clear that Arsenal will not get anywhere near the £46 million that they paid for him back in 2017.
Arsenal are currently languishing in 14th, scoring just ten goals in ten Premier League games so far this season.