The term or phrase most likely to indicate a normative statement ...

[WWatsford]

The term or phrase most likely to indicate a normative statement is
 
  A) ceteris paribus.
  B) factual. or what is statement.
  C) holding other things constant.
  D) should or ought to.

Question 2

Explain the concept of the law of increasing additional cost.
 
  What will be an ideal response?

[mathjasmine]

Answer to Question 1

D

Answer to Question 2

The law of increasing relative cost is the fact that the opportunity cost of additional units of a good increases as society tries to produce more of that good. This accounts for the bowed-out shape of the production possibilities curve.

[WWatsford]

Thanks for the timely response, appreciate it

[coreycathey]

YES! Correct, THANKS for helping me on my review