« previous next »

Author Question: Normative economic statements refer to what should be. a. True b. ... (Read 32 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
on: Jul 1, 2018
Normative economic statements refer to what should be.
 a. True
  b. False

Question 2

Economists believe that individuals respond in a predictable way to changes in costs and benefits. The term that best describes this belief is
 a. opportunity cost
  b. demand
  c. supply
  d. scarcity
  e. rational behavior


ryansturges

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

economic economic
economic question economic question
economic question economic question
economic question economic question
economic question economic question
economic question (having trouble) economic question (having trouble)
Video: Buffers definition and the role of buffer in the body

For a complete list of videos, visit our video library