Which of the Following Is an Example of a Normative,as

question 33

Multiple Choice

Which of the following is an example of a normative,as opposed to positive,statement?

• A)If the price of a product decreases,people's willingness to buy that product will increase.
• B)Reducing tax rates on the wealthy would benefit the nation.
• C)If the national saving rate were to increase,so would the rate of economic growth.
• D)The elimination of trade restrictions would increase an economy's standard of living.

Understand the basics of contract formation including offer, acceptance, and consideration.

Recognize the difference between offers and invitations to negotiate.

Identify the conditions under which an offer can be revoked or must remain open.

Comprehend the legal implications of advertisements and solicitations for bids in contract law.

---

Definitions:

Relational Architecture

The structured design and arrangement of relationships within organizations or systems, focusing on how components or individuals relate to each other.

Work Design Characteristics

Elements and features of how jobs are structured and organized that influence employee motivation, satisfaction, and performance.

Motivational Characteristics

Traits or factors that drive an individual's behavior and efforts towards achieving certain goals or tasks.

Task Characteristics

Attributes or aspects that define the nature of a task, including complexity, variety, autonomy, and significance.