Solution-What are positive and normative statements

What are positive and normative statements

Reference no: EM131739176

Assignment

Choose a Fortune 500 Company: Ford Motor Company -or- Amazon

Analyze how this firm makes economic decisions as well as how events in the economy affect the company.

Address the following questions in a 3- to 4-page essay:

1. Introduce the organization you are going to use (Ford Motor Company -or- Amazon).Why do you think it will be an interesting focus for your economic analysis?

2. What are positive and normative statements? Describe the difference between these two types of statements in your own words. Write at least ONE positive and ONE normative statement about your firm.

3. Find any current event/article regarding your firm from an online resource (nytimes.com, online.wsj.com, etc). Be sure to reference this article in your paper. Summarize the issue and how it relates to at least ONE of this module's economic concepts (opportunity cost, scarcity, factors of production, diminishing returns, spillover principle, etc.)

Use concepts from the modular background readings, as well as any good-quality resources you find from the online library or other Internet search engines. Be sure to cite all sources within the text and provide a reference list at the end of the paper.

Length: 3-4 pages, double-spaced and typed.

Reference no: EM131739176

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What are positive and normative statements

Reference no: EM131739176

Reference no: EM131739176

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