Which of the following is a question answered with normative economic reasoning?
A.If the college offers free textbooks for students, will more students read their textbooks?
B.If the college provided less financial aid for out-of-state students, would more in-state students benefit?
C.If the college increased its enrollment requirements, would class size decline?
D.Should the college increase tuition to fund its athletic programs?
I say D
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Let us know what you decide.
I am thinking C.
I agree just read it again. Thanks Bob
You are correct, option D: "Should the college increase tuition to fund its athletic programs?" is a question that is answered using normative economic reasoning.
Normative economics deals with value judgments and opinions about what should or ought to be. In this case, the question is asking for an opinion on whether the college should increase tuition to fund its athletic programs. The answer to this question depends on individual preferences, values, and beliefs.
To arrive at an answer, one would need to consider the potential benefits and drawbacks of increasing tuition to fund athletic programs. They might consider whether the athletic programs contribute to student well-being or overall college experience, whether they enhance the reputation and visibility of the college, and whether there are alternative funding sources available. Ultimately, the answer to this question will vary depending on personal perspectives and priorities.