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Suppose an economic study shows that increasing the tax rate on alcoholic beverages will reduce the amount of traffic accidents. Which of the following statements can be valid based on the study because they are positive statements, and which cannot be valid because they are normative statements.
(A) "Increasing the tax rate an alcaholic beverages is amethad of reducing taffic accidents."․"
(B) "If the goverment wrishes to reduce taffic accitents, it aught to raise the tar an alcoholic beverages."
(C) "The goverment should not raise the tar an alcoholic beverages for lowr-incame Hririkers."
Job Descriptions
A formal document that outlines the duties, responsibilities, required qualifications, and reporting relationships of a specific job.
Division of Labor
The separation of tasks in any economic system or organization so that participants may specialize, increasing efficiency and productivity.
Flatter Span
A management structure with fewer levels of hierarchy and a broader span of control, allowing for more direct communication and less formal supervision.
Decentralization
The distribution of decision-making power and authority from a central figure or location to multiple smaller units or levels within an organizational hierarchy.
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