OPEC should supply more oil so that the world's economies can ...

[mikaylakyoung]

OPEC should supply more oil so that the world's economies can grow more rapidly. This is an example of
 
  A) a normative statement.
  B) a positive statement.
  C) a decision at the margin.
  D) OPEC overcoming scarcity.

Question 2

A period of time in which the quantity of at least one factor of production used by a firm is fixed is called the
 
  A) market period.
  B) intermediate run.
  C) short run.
  D) long run.

[guyanai]

Answer to Question 1

A

Answer to Question 2

C

[mikaylakyoung]

Thanks for the timely response, appreciate it

[yeungji]

Great answer, keep it coming