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Author Question: Normative statements are statements about A) prices. B) quantities. C) what is. D) what ought ... (Read 22 times)

ENagel

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on: Jun 29, 2018
Normative statements are statements about
 
  A) prices.
  B) quantities.
  C) what is.
  D) what ought to be.

Question 2

A PPF, such as the one above, that bows outward illustrates
 
  A) decreasing opportunity cost.
  B) increasing opportunity cost.
  C) that technology is improving.
  D) that productivity is falling.


dyrone

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


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