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Mega CorpIs Interested in Buying MD Softworks, a Medical Software Firm

question 84

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Mega Corp.is interested in buying MD Softworks, a medical software firm.Two software engineers started the company and they have made risky financial decisions.Mega Corp.believes that with proper management the software firm will become an industry leader.Mostly likely the software firm would be classified as a __________.


Definitions:

Positive Economics

A branch of economics that focuses on objective analysis and the description of how the economy functions, as opposed to normative economics that involves value judgments.

Normative Economics

An area of economics that makes assessments of economic fairness or desired economic outcomes and aims of public policy.

Consequences

The outcomes or effects resulting from a particular action or set of conditions.

Negative Relationship

A relationship between two variables, X and Y, in which a decrease in X is associated with an increase in Y and an increase in X is associated with a decrease in Y.

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