In economics normative statements are about marginal costs
In economics, normative statements are about
( )marginal costs, not marginal benefits
( )he way things ought to be
( )marginal benefits, not marginal costs.
( )he way things are
Solution
Answer:
In economics, normative statements are about \"the ways things ought to be.\"
Explanation:
Normative approach refers to be what ought to be in a given situation whereas positive approach refers to what should be which can also be interperted as the ways things are.

