(Echo Echo Echo) (Charlie Charlie Charlie) (Operation bright star) (red party) (Bravo Bravo Bravo)
Answer:
Normative
Positive
Normative
Positive
Explanation:
Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.
For example, the statement , In some circumstances, if taxes are lowered,
government revenues actually increase, can be tested and it has it basis in economic theory
Normative economics is based value judgements, opinions and perspectives. For example, the statement - taxes are too high - is based on opinion. To some it is too high while to others it would be too low
Answer:
a). Bryan does not cope very well in ambiguous situations.
b). Bryan is quite sociable and can "think on his feet."
Explanation:
In the context it is given that Mara is choosing Bryan, one of her team member for the assignment in China office to train a group of employees in Beijing office. As a procedure Bryan will have to undergo a 3 week diversity training program which will help him to learn about the new environment.
a). One of the major factor that can reduce the likelihood of Bryan's selection if Bryan does not cope very well in the ambiguous situation. Bryan should be able to handle the ambiguous situation that may arise in he training period.
b). The factor that would increase the likelihood of Bryan to get selected is that Bryan is very sociable person and get easily get mix with people around. He is also able to think and react to situation immediately.
Answer:
The answer is: D) raise the price, reduce the quantity, increase total revenues, and increase crime.
Explanation:
According to the law of supply and demand, when the supply of any given product is artificially lowered, the supply curve will shift:
- this will cause the price of that product to increase
- the profit margin of the suppliers will increase, increasing total revenue
- since illegal drugs would increase in crime, we can expect an increase in the crime rate on drug related crimes (e.g. addicts robbing).
