NeedtoKnow2681 NeedtoKnow2681
  • 05-03-2024
  • Business
contestada

Which of the following is a normative economic statement?
1) The current low price of wheat is the result of increased worldwide supply.
2) When the price of wheat falls, the quantity of wheat purchased rises.
3) When the price of wheat falls, the cost of wheat-based products falls.
4) The price of wheat is too low.

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