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
sineoko [7]
3 years ago
13

Normative and positive statements

Business
1 answer:
Gekata [30.6K]3 years ago
8 0

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

You might be interested in
Splashdown Corporation manufactures water toys. It plans to grow by producing highminusquality water slides at a low cost that a
Ket [755]

Answer:

D. number of process improvements.

Explanation:

The balance score card is the score card which demonstrates the level of performance through which the organisation will be able to take the correct actions, decisions.

As in the given situation, the company wants to increase its sales so for that the company should improves its number of processes which results in the innovation made by the company that represented the different product as compare with the competitors

5 0
3 years ago
Can you guys help me with this is hard
earnstyle [38]
Is there some sort of word bank or something?
8 0
3 years ago
Highest and best use would best be defined as:
Sav [38]

Answer:

The reasonable, probable and legal use of vacant land or an improved property, which is physically possible, appropriately supported, financially feasible, and that results in the highest value.

Explanation:

5 0
3 years ago
Read 2 more answers
Vijay Company reports the following information regarding its production costs. Direct materials $ 10 per unit Direct labor $ 20
kirill115 [55]

Answer:

Unitary variable cost= $40

Total variable cost= $800,000

Explanation:

Giving the following information:

Direct materials $ 10 per unit

Direct labor $ 20 per unit

Overhead costs for the year Variable overhead $ 10 per unit

Fixed overhead $ 160,000

Units produced 20,000 units

Unitary variable cost= direct material + direct labor + manufacturing overhead= 10 + 20 + 10= $40

Total variable cost= 20000units* 40= $800,000

7 0
3 years ago
Read 2 more answers
Heather wants to buy a new tent. she so far has saved $23 and her parents have told her that any remaining money she saves they
brilliants [131]
A $66.50

First take the money she already has from the total.
156-23=133

Then divide this by two. She only needs to save half of this as her parents will match the half she saves.
133÷2=66.5
$66.50
7 0
3 years ago
Other questions:
  • Prime lending rates are 1) __________ than subprime lending rates and are commonly offered to people with 2)__________ credit sc
    8·2 answers
  • Workers are responsible for the production of goods in a business,
    9·1 answer
  • If certain conditions are met, an apartment manager can exclude the fair market value of free rent from his or her income. true
    5·1 answer
  • Selling price $
    11·1 answer
  • When customers ask merchants to deliver articles to homes with no mention of payment, the buyers imply that they will pay the ma
    8·1 answer
  • Based on the corporate valuation model, gray entertainment's total corporate value is $1,150 million. the company's balance shee
    11·1 answer
  • What is NOT a characteristic of critical thinkers?
    9·2 answers
  • 6. Identify a change in technology during each of the time periods in history below that you believe improved the
    6·1 answer
  • How might the government regulations affect a small family restaurant
    13·1 answer
  • What business entertainment expenses are deductible
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!