1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rina8888 [55]
3 years ago
15

What is the difference between a positive economic statement and a normative statement?

Business
1 answer:
yaroslaw [1]3 years ago
7 0

Answer:

e. A positive economic statement can be proved; a normative statement cannot.

Explanation:

A positive economic statement are objective statement that can be tested, amended or rejected by referring to available evidence.

this means in essence that a positive economic statement is prone to improvement when proven. it is not rigid

a normative statement is subjective that cannot be changed. it is rigid.

You might be interested in
At a quantity of 130, marginal benefit equals ______ and marginal cost equals _____.
ohaa [14]

Answer:

$1.60, $0.50

Explanation:

At a quantity of 130, marginal benefit equals $1.60 and marginal cost equals

$0.50.

marginal cost means incremental cost or cost in production of every additional unit it is measured by change in total cost divided by change in number of quantity.

likewise, marginal benefit amount consumer pay on buying additional unit. it is calculated by multiplying quantity with price of that unit.

8 0
3 years ago
Motorcycle Manufacturers, Inc. projected sales of 58,900 machines for the year. The estimated January 1 inventory is 6,090 units
julia-pushkina [17]

Answer:

60,120 units

Explanation:

The computation of the production units is shown below:

Production units = Projected sales units + ending inventory units - beginning inventory units

= 58,900 machines + 7,310 units - 6,090 units

= 60,120 units

We simply added the ending inventory units and deduct the beginning inventory units to the projected sales units so that the correct amount could come

5 0
3 years ago
There is is an acronym that helps you analyze business communication situations. What does each letter in the acronym stand for?
Tasya [4]

Answer:

<u>D. None of the above.</u>

<u>Explanation:</u>

The more likely acronym that is been referred to here which helps one analyze business communication situations is ACE, which stands for;

A- Analyzing,

C- Composing, and

E- Evaluating.

Thus, since this isn't among the options, the correct answer is option D.

4 0
3 years ago
Refer to the information above. Calculate the 20-year geometric average annual rate of return on the S&amp;P 500 Index
AysviL [449]

Question options:

A. 13.04%

B.  11.84%

C.  10.54%

D.  4.66%

Answer

B.  11.84%

Explanation:

Please find attached

4 0
3 years ago
Which of the following is NOT one of the three factors of production?
miv72 [106K]
The answer is C) communist ideology because all other are the factors of production except this one.
5 0
3 years ago
Read 2 more answers
Other questions:
  • The demand and supply schedules for sunscreen at a small beach are shown below. Market for sunscreen price (dollars per bottle)
    10·1 answer
  • A recently opened car dealer uses an incentive compensation plan for its sales people. The dealer provides money to its salespeo
    10·1 answer
  • Weekly demand for private label washing machines at Arcelik, a Turkish department store chain, is normally distributed with a me
    11·1 answer
  • The fact that the words "whiskey makes you sick when you're well," when arranged differently, "Whiskey, when you're sick, makes
    13·2 answers
  • You are given the following information for Bowie Pizza Co.: Sales = $64,000; Costs = $30,700; Addition to retained earnings = $
    15·1 answer
  • How will you benefit if you make a charitable contribution to a qualified organization?
    7·2 answers
  • The following descriptions illustrate several mistakes that decision makers might have made as they were deciding how to rebuild
    10·1 answer
  • _____ is the method used to determine the number of units a firm must sell at a specific price to cover all costs.
    10·1 answer
  • Select the correct answer. What does a production possibilities curve represent? D A a combination of price and demand of goods
    7·1 answer
  • Why do you think presidents must take an oath?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!