Determine if the items represent an example of positive economics or normative economics. The richest 1% of americans should pay more taxes than the rest of the 99%. Positive economics normative economics a decrease in the supply of coconut will increase the price of german chocolate cake, a good which requires coconut shavings as a key ingredient. Positive economics normative economics as minimum wage increases, the prices of all goods and services also tends to increase. Positive economics normative economics social welfare spending in sweden occupies too large a portion of the national budget. Positive economics normative economics
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Business, 21.06.2019 19:30
Consumer surplus is: the difference between the price of a product and what consumers were willing to pay for the product. the difference between the discounted price of a product and its retail price. the difference between the price paid by consumers and the price required of producers. the difference between the price of a product and consumers' valuation of the last unit of the product purchased.
Answers: 2
Business, 22.06.2019 15:40
As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage
Answers: 1
Business, 22.06.2019 16:40
Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.
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Business, 22.06.2019 17:30
Palmer frosted flakes company offers its customers a pottery cereal bowl if they send in 3 boxtops from palmer frosted flakes boxes and $1. the company estimates that 60% of the boxtops will be redeemed. in 2012, the company sold 675,000 boxes of frosted flakes and customers redeemed 330,000 boxtops receiving 110,000 bowls. if the bowls cost palmer company $3 each, how much liability for outstanding premiums should be recorded at the end of 2012?
Answers: 2
Determine if the items represent an example of positive economics or normative economics. The riches...
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