Economics For Today
Economics For Today
10th Edition
ISBN: 9781337613040
Author: Tucker
Publisher: Cengage Learning
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Chapter 1, Problem 12SQ
To determine

Which represents the positive economics.

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economics explains economic phenomena according to their cause and effects Which economics explains this? Give correct answer
Economics is the study of all of the following except:a. how the prices of goods and services are determinedb. how people make decisions, given scarce resourcesc. how to eliminate scarcity with new ideas and inventionsd. how buyers and sellers interact in a marketPlease don't use any ai tool.
According to standard economic theory which is true?   a. Choices people make, including the choice to eat French fries or smoke, should be respected as long as these choices do not affect others.   b. Taxes on sugary sodas force consumers to make decisions that are privately confusing.   c. Public intervention is always justified as long as the prevalence of the problem is large   d. Obesity is a public problem, not a private problem, because it is associated with reduced life expectancy.
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