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Andreyy89
3 years ago
10

Making a prediction today about the​ world's population in twenty years based on current growth trends is an example of ▼ normat

ive prescriptive positive economics. Advising the residents of a town to choose a toll road over a freeway extension due to a limited budget and high trucking usage is an example of ▼ normative prescriptive positive economics.
Business
1 answer:
iragen [17]3 years ago
6 0

Answer: Positive, Normative

Explanation: Positive economics is based on facts and objects that can be verified. While, normative economics is based on value based judgement that are difficult to verify.

Making a prediction today about the​ world's population in twenty years <em>based on current growth trends</em> is an example of <em>positive economics</em>.

<em>Advising</em> the residents of a town to choose a toll road over a freeway extension due to a limited budget and high trucking usage is an example of <em>normative economics</em>.


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3 years ago
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Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product would probably sell at $4
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Answer:

Option (B) is correct.

Explanation:

Given that,

Selling price per unit = $48

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Flyer’s current full cost for the product = $44 per unit

Profit = Selling price × profit margin

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Target cost of unit = Selling price - Profit

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2 years ago
Future Value of Multiple Annuities Assume that you contribute $150 per month to a retirement plan for 20 years. Then you are abl
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Answer:

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Explanation:

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3 years ago
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Answer:

$115,000

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