--%>
Assignment Help - homework help

Consideration of positive statement

Choose the right answer . A positive statement is concerned with: A) some goal that is desirable to society. B) what should be. C) what is. D) the formulation of economic policy.

   Related Questions in Microeconomics

  • Q : Loans from financial institutions Can

    Can someone please help me in finding out the accurate answer from the following question. The biggest percentage of the corporate financing comes from: (i) Issuing general stock. (ii) Loans from financial institutions. (iii) Issuing the corporate bonds. (iv) Dividend

    		•
  • Q : Demand curve for Complementary Goods

    The ban on assault weapons enacted in the year 1994 lapsed in the year 2004. Prices for assault weapons fell in year 2004 since the only way to get such guns throughout the ban was via the black market. This modify in the law in year 2004 is most probable to shift the

    		•
  • Q : Copyrights in legal barriers to entry

    Legal barriers to entry do NOT comprise: (1) outright governmental prohibition of entry. (2) protection of inventions by patent. (3) licensing and bonding restrictions. (4) substantial economies of scale. (5) copyrights for music, computer software an

    		•
  • Q : Valuable human capital The maximum

    The maximum valuable human capital on the given list would be possessed by the person who: (1) Inherited a big deal of money. (2) Invested big sums on stock market. (3) Had an advanced degree in the music education. (4) Specialized as the medical doctor.

  • Q : Deterrent Give me answer of this

    Give me answer of this question. Which one of the following is presently a major deterrent to bank panics in the United States? A) the legal reserve requirement B) the fractional reserve system C) the gold standard D) deposit insurance

    		•
  • Q : Relatively price elastic demand For

    For Cournot’s Spring Water the demand is relatively price elastic at: (i) point a. (ii) point b. (iii) point c (iv) point d. (v) point e.

    Q : Relationship between MC and ATC What

    What happens to ATC if MC < ATC? Answer: ATC will down or fall.

    		•
  • Q : Decision processes in Microeconomics

    Decision processes within households, and government and firms and the consequences of such decisions are initially the focus of: (1) positive economics. (2) public choice economics. (3) microeconomics. (4) normative economics. (5) microeconomics.

    		•
  • Q : Quantity of good supplied-Law of supply

    The law of supply states that the amount of a good supplied is: (i) Legally governed by the production regulations. (ii) Inversely related to its absolute price. (iii) Recognized by the consumer tastes in the free market economy. (iv) Positively relat

    		•
  • Q : How is Economic policy more scientific

    Which of the given LEAST describes the widespread but erroneous view which economists seldom agree: (1) The media focuses upon controversy, not agreement. (2) Political considerations, more than economic logic, find out policies. (3) Some economists may feel obligated

    		•