Multiple Choice
The statement "An increase in the price of gasoline will lead to a decrease in the amount purchased" is
A) a political statement.
B) a positive statement.
C) a normative statement.
D) a scientific statement.
Correct Answer:

Verified
Correct Answer:
Verified
Q100: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Using the data
Q101: Scarcity can be eliminated through<br>A) the use
Q102: When y changes, x stays the same.
Q103: Which of the following is NOT a
Q104: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The slope of
Q106: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above
Q107: The marginal benefit is the<br>A) additional gain
Q108: Which of the following is a normative
Q109: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q110: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above