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3 years ago

Normative and positive statements.

Business

1 answer:

deff fn [24]3 years ago

6 0

Answer:

a. positive

b. normative

c. positive

d. normative

Explanation:

Note that a normative statement as used in economics refers to a view of what should be done, or how things or policies should be or not be. While the Positive statement gives a point blank description of what the state of things are.

a. It is a fact of course that in the past decades U.S. companies have outsourced millions of job overseas, thus this is a positive (descriptive) statement.

b. By saying companies that outsource jobs are acting immorally indicates a normative or judgemental view of what is morally right.

c. This statement is a fact, because such actions is in line with economic theory; in effect would stop outsourcing jobs.

d. This is rather a view of what should be done. Which clearly indicates the statement as normative.

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Answer:

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Explanation:

given data

purchased = $180000

time = 5 year

to find out

amount recorded as amortization expense

solution

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so here

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amortization expense = purchased / time

amortization expense = 180000 / 5

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Answer:

Quality.

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Garvin´s dimensions of product quality are:

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These different dimensions of quality are not mutually exclusive.

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3 years ago

A man works for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their produ

Lelu [443]

Answer and Explanation:

According to the given situation, when the amount of splishy splashies decrease by 5%, quantity of frizzles increases by 4%.

So, The cross price elasticity of frizzles relative to splishy splashies = Percentage change in quantity demand for frizzles ÷ Percentage change in price for splishy splashies

= 4 ÷ -5

= -0.80

Now,

Cross-price elasticity between splishy splashies and kipples = Percentage change in quantity demand for Kipples ÷ Percentage change in price for splishy splashies

= -6% ÷ -5%

= 1.20

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The required Table are as shown below:-

Particulars Cross-Price Elasticity Complements Recommended

of Demand or Substitute Marketing with

splishy splashies

Frizzles 0.80 Complements Yes

Kipples 1.20 Substitute No

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3 years ago