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Answer appropriately The fact that the F'F'F usually bows away from the origin implies that ii? getting more of one good means getting more of

Answer appropriately

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The fact that the F'F'F usually bows away from the origin implies that ii? getting more of one good means getting more of another good. as the production of any good increases. there is an increase in the opportunity cost of producing it. getting more of one good means getting less of another good- as the production of any good increases. there is a decrease in the opportunity cost of producing it. PL Which of the following statements correctly differentiates between positive and normative A. Positive economics is based on judgments, whereas normative economics is not. OB. Positive economics describes what people ought to do, whereas normative econon O C. Positive economics is descriptive, whereas normative economics is advisory. O D. Positive economics can only be applied to microeconomics, whereas normative ecoDifferent people view things and outcomes differently. This is referred to as... Select one: O scarcity macroeconomics subjective values microeconomics rationing free goods rational decision-making scarce goods economics normative economics positive economics O ceteris paribusA professor records the majors of her 30 students as follows: Accounting Economics Undecided Finance Management Management Finance Marketing Economics Management Marketing Finance Marketing Accounting Finance Finance Undecided Management Undecided Economics Economics Accounting Management Undecided Economics Accounting Economics Management Accounting Economics Click here for the Excel Data File a. What is the measurement scale of these data? Interval O Ordinal Nominal O Ratio b. Summarize the results in tabular form. Major Number of students 5 Accounting Economics 5 Finance 3 Marketing Management Undecided Next

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