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Which of the following is NOT a normative statement? A) People buy more of a good or service when ...

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yoroshambo:
Which of the following is NOT a normative statement?
 
  A) People buy more of a good or service when its price falls.
  B) The distribution of income is fair.
  C) The government ought to provide health care to everyone.
  D) Corporations should be more socially responsible.

Question 2

The figure above shows the market for education, a good possessing an external benefit. In order to attain the efficient number of students, a government subsidy must equal ________ per student.
 
  A) 2,000
  B) 8,000
  C) 6,000
  D) 10,000
  E) 16,000

wtf444:
Answer to Question 1

A

Answer to Question 2

C

Vintage DR:
thank you

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