No, A "Normative economic statements are those statements that cannot be either proved or disproved with reference to facts."
However, "Positive economic statements are those statements which can be either proved or disproved with reference to facts."
Explanation:
How to "buy at wholesale, sell at retail" like financial institutions
How to navigate today's increasingly volatile markets and manage risk
Common mistakes of the novice investor and how to reduce them
How you can time the market by waiting for opportunity to come to you
A rules-based strategy for trading in any market and any asset class
Answer:
The correct option is B.
Explanation:
The marginal benefit is the maximum amount which a person or individual is willing to pay in order to have an additional service or benefit. It is the additional satisfaction, which the person receives when an additional service or good is purchased.
So, in this case, Cassie need or require some special fabric which cost her $200 that is the additional amount she need to pay in order to complete the task. But alternatively, she could sell the quilt for $900. Therefore, she had a marginal benefit of $900, if sells the quilt as is now.