Which of the Following Statements Is Normative

question 8

Multiple Choice

Which of the following statements is normative?

• A)Scientists should not make normative statements.
• B)Warts are caused by handling toads.
• C)As e-book prices fall,people buy more of them.
• D)If income increases,sales of luxury goods fall.
• E)There is more caffeine in a cup of tea than in a cup of coffee.

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Definitions:

Markup

An additional amount incorporated into the buying price of products to compensate for running expenses and gain profit.

Selling Price

The amount of money for which a product or service is sold to the buyer.

Markdown Percentage

The reduction percentage applied to an item's retail price to stimulate sales or clear out inventory.

Hand-painted Stemware

Glassware for drinks that has been decorated by hand with paint, often featuring intricate designs or patterns.