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Types of assertions for normative statements

Normative statements would contain assertions such that: (1) harsh prison terms and capital punishment reduce rates of violent crime. (2) on average, Americans are more prosperous while no single political party controls the presidency that the US Senate, and the House of Representatives. (3) the whole cosmos, counting our universe, revolves around the earth. (4) more effective teachers must be paid more, and less effective teachers must be paid less. (5) college students who drink a lot of beer are likely to include lower GPAs.

Choose one option as given in above problem.

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    Q : Break even and zero economic profit

    After Babble-On’s patents lapsed and entry and exit turned into possible in this illustrated figure of market, in the long run Babble-On would be expected to: (i) continue to reap economic profits. (ii) break even and experience zero economic pr