Exam (elaborations)
Micro Economics Edexcel A level Questions & Answers(RATED A+)
- Course
- Institution
What are the four assumptions of micro economics? - ANSWERSRational Consumers, perfectly competitive market, average consumer, ceteris paribus What is a positive statement? - ANSWERSa statement that can be tested and validated What is a normative statement? - ANSWERSan opinion, a value judgem...
[Show more]