Normative Economic Principles Are Concerned with How People ________ Make

question 47

Multiple Choice

Normative economic principles are concerned with how people ________ make decisions while positive economic principles are concerned with how people ________ make decisions.

• A)do; should
• B)should; do
• C)in power; in ordinary life
• D)in ordinary life; in power

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Definitions:

Solicited External Proposals

proposals requested by an organization from outside vendors or consultants to provide solutions or services.

Unsolicited Internal Proposals

Proposals generated and submitted without a direct request, typically within an organization, aimed at suggesting improvements or changes.

Internal Proposals

Documents submitted within an organization to suggest changes, improvements, or initiatives that require approval or support.

Qualifications And Experience

The credentials, skills, knowledge, and work history that determine an individual's suitability for a job or task.