Illustrate normative statement
In economics illustrate normative statement?
Expert
The term normative statement in economics is just like a normative statement in any other academic subject. We can say it is a statement about something with an implicit value judgment or moral claim.
It is differ from a descriptive statement i.e. supposed to be ideologically or value neutral.
Briefly describe the term economics?
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LoCalLoCarbo that is the favorite corporation of fad dieters maximizes profit by making: (1) output q1 . (2) output q2 . (3) output q3 . (4) output q4 . (5) output q5 . Discover Q & A Leading Solution Library Avail More Than 1413902 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1948278 Asked 3,689 Active Tutors 1413902 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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