Write a positive statement and a normative statement about
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1. Would a good economic model be more likely to address a positive statement or a normative statement? Why?
2. Write a positive statement and a normative statement about your favorite hobby.
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problem1 why is it important for a good economic model to make clear assumptions2 describe an economic model you know
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problem1 describe an economic model you know what assumptions does the model make are the assumptions reasonable2 what
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problem1 would a good economic model be more likely to address a positive statement or a normative statement why2 write
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problemlast year you estimated you would earn 5 million in sales revenues from developing a new product so far you have
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