The Study of What Ought to Be Such as Determining

question 22

Multiple Choice

The study of what ought to be such as determining the socially efficient level of emissions is known as _____________.

• A) normative economics
• B) positive economics
• C) equimarginal principle
• D) Coase theorem

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Definitions:

Source Traits

Fundamental characteristics that underlie an individual's behavior, forming the foundation of their personality.

16 PF Test

A personality test that measures sixteen personality factors, used for psychological evaluation.

Factor Analysis

A statistical technique that explains the variance among observed, related variables through a smaller number of latent variables, known as factors.

Genetically Based

Characteristics or traits that are influenced by genes inherited from one's parents.