Which of the Following Is a Normative Statement

question 103

Multiple Choice

Which of the following is a normative statement?

• A) The sky is blue.
• B) The sky is green with pink polka dots.
• C) Points on the production possibilities frontier (PPF) are efficient.
• D) Points outside the PPF are unattainable with current resources.
• E) We should strive to push the PPF outward.

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Definitions:

Self-Interests

Actions or decisions guided by personal benefit, gain, or interest, often without regard for others.

Strategies

Broad plans or sets of actions designed to achieve specific goals or outcomes within an organization or individual endeavor.

Commission-Based

A payment model where compensation is tied directly to performance, such as the amount of sales generated or the success in meeting specified goals.

Internet Business Model

A plan for earning revenue and profit through online operations, which includes various frameworks such as e-commerce, advertising, subscription services, and freemium.