Business Economics is described as normative because it:

CA Foundation · Business Economics · RTP · September 2026
Business Economics is described as normative because it:
(A) (A) Only describes what is
(B) (B) Rejects economic theory
(C) (C) Avoids value judgments
(D) (D) Suggests what ought to be done

Suggested Answer and Working Notes:

Correct Answer: Option (D)

Correct Option: (D)

Topics: Nature & Scope of Business Economics

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