Consider the statement 'banning the export of live parrots from Australia has resulted in the black market price for cockatoos rising and an increase in poaching'.This is an example of a normative statement.
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Q9: An economy will always operate at some
Q29: Graph 2-1 Q30: Graph 2-1 Q31: Graph 2-1 Q32: Given a two-good production possibilities frontier, an Q34: Normative statements are essentially value judgements about Q35: Points outside the production possibilities frontier represent Q36: If computers become easier to produce because Q37: Graph 2-1 Q82: Normative statements describe how the world is, Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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