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Klio2033 [76]
4 years ago
10

Normative and positive statements.

Business
1 answer:
deff fn [24]4 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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Brian loves opera and hates rock 'n' roll. Tim loves playing rock 'n' roll music at high volume. Unfortunately, they are next-do
icang [17]

Answer:

Tim imposes a Negative externality on his neighbor in the form of noise pollution.

The command-and-control policy might the landlord impose is : a) A rule that music could not be played above a certain decibel level

(True)According to the Coase theorem, Tim and Brian might not be able to reach an agreement if the transaction costs are high.

Explanation:

As given ,

Brian loves opera and hates rock 'n' roll. Tim loves playing rock 'n' roll music at high volume.

In this case, Tim imposes a Negative externality on his neighbor in the form of noise pollution.

Because Tim's rock 'n' roll music disturb Brian and it effects negatively because due to Tim's music , Brian is unable to listen opera properly

Now,

The command-and-control policy might the landlord impose is :

a) A rule that music could not be played above a certain decibel level

Now,

If the landlord lets the tenants do whatever they want.

According to the Coase theorem, Tim and Brian might not be able to reach an agreement if the transaction costs are high.

It is True

Because if transaction cost is low , then Tim can pay compensation to Brian for high volume of music . But if transaction cost is high then they can not do any negotiation.

5 0
3 years ago
CarsRUs factors $800,000 of accounts receivable with recourse. The factor (buyer of receivables) charges a 3% finance fee and ho
Dmitry [639]

Answer:

$50,000

Explanation:

Calculation to determine the amount of the loss on sale of receivables that CarsRUs would recognize at the sale of its receivables

Using this formula

Loss on sale of receivables=[(Recourse Accounts receivable*Finance fee charges)+Estimated recourse liability]

Let plug in the formula

Loss on sale of receivables=(3%*$800,000)+$26,000

Loss on sale of receivables=$24,000+$26,000

Loss on sale of receivables=$50,000

Therefore the amount of the loss on sale of receivables that CarsRUs would recognize at the sale of its receivables will be $50,000

4 0
3 years ago
Invertebrates have a (an) ____ which provides a support framework.
andrew11 [14]
<span>Invertebrates is the largest group in the animal kingdom. 97 percent of all animals are invertebrates. Their main characteristic is that they </span>do not have backbones.<span>
Invertebrates have an </span>exoskeleton which provides a support framework.Exoskeleton<span> is an external anatomical feature that supports and protects the animal's body. </span>
8 0
3 years ago
What term did Karl Marx use to describe the dissatisfaction and unrest felt by workers when they are separated from the ownershi
AVprozaik [17]

Answer:

"alienation"

Explanation:

Karl Marx was a German philosopher born in Trier, Germany on May 5, 1818. According to my research on studies by Karl Marx, I can say that based on the information provided within the question the term used to describe this is called "alienation".

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
What financial behaviors will typically lead to a low credit score?
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Not paying your credit card bills on time
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4 years ago
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