Which of the Following Is a Positive,as Opposed to a Normative,statement

question 53

Multiple Choice

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

• A)The US Department of Justice should allow a merger between AT&T and T-Mobile because it would have little effect on consumers.
• B)Antitrust laws should be used to prevent further concentration in the wireless telephone service market.
• C)The US Department of Justice sued AT&T to block its merger with T-Mobile.
• D)The wireless telephone service market is too highly concentrated.

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Definitions:

MCC

MCC could refer to various concepts depending on the context, including Merchant Category Code in financial transactions, but without additional context, a precise definition cannot be provided.

Capital Components

Different sources of capital that a company uses to finance its operations and investments, including debt, equity, and preferred stock.

Averaging

A strategy of reducing market risk in investment portfolios by consistently investing a fixed dollar amount over a period, regardless of the asset's price.

Securities

Assets signifying either an equity stake in a company listed on the stock market, a debt investment in a government entity or a business, or entitlement to ownership through an option.