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Descriptive Economics, or Positive Economics, is the branch of economic inquiry that analyzes and explains economic phenomena as they are, without making any statements about how they ought-to be.
(this according to the Economy Professor website)
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Managerial economic is prescriptive rather than descriptive in nature?
This statement is 100% true. You will learn a lot of about this in a lot of business books.
Criticism to Economic order quantity?
The assumptions included in the EOQ models are simplistic;The real cost of stock in operations are not as assumed in EOQ models;The models are really descriptive and should not be used as prescriptive devices.
What 5 major economic goals?
Economic Effiency Economic Freedom Economic Security Economic Equity Economic growth and Innovation
An economic is a time of fast economic growth?
An economic growth_______ is a time of fast economic growth
What are the examples of descriptive economics?
Gathering of data necessary to calculate GNP for a year.
Managerial economic is prescriptive rather than descriptive in nature?
This statement is 100% true. You will learn a lot of about this in a lot of business books.
What observation are description that does not use numbers?
Categoric or descriptive observations.Categoric or descriptive observations.Categoric or descriptive observations.Categoric or descriptive observations.
What has the author C D Harbury written?
C. D. Harbury has written: 'Descriptive economies' -- subject(s): Economic conditions 'Workbook in introductory economics' -- subject(s): Economic conditions, Economics, Problems, exercises 'An introduction to economic behaviour' -- subject(s): Economics
What is the comparative and superlative form of descriptive?
more descriptive, most descriptive
What are descriptive lines?
Lines that are very descriptive
Example of descriptive?
ah descriptive fdfgdf
What is descriptive-comparative method?
more descriptive
A descriptive word that begins with the letter z?
Zesty is a descriptive word. Zany is a descriptive word.
Who are authors of descriptive reseach?
how to find descriptive writers thanks for the help how to find descriptive writers thanks for the help
What the characteristics of descriptive text?
Characteristics of descriptive text include vivid imagery and strong descriptive elements. Descriptive text seeks to explain or describe something in great detail.
What is it called when you use 3 descriptive sentences?
ferociously descriptive
What is a descriptive poem?
an a descriptive poem is a poem u describe
