Question: 15. Positive statements are either or It is the task of science to determine which they are. Normative statements are matters of 16. Optimization is

15. "Positive statements are either or It is the task of science to determine which they are. Normative statements are matters of 16. "Optimization is nothing more than discovering the _ __ course of action given the decision maker's and objectives. Constrained optimization takes into consideration the _ and availability of 17. "Resource allocation demands that we answer three basic questions: What do we produce? How do we produce it? Who gets it?" 18. In the context of health care, the economic questions that must be answered are _to treat, when to _treatment, to treat, and treatment to offer. 19. Within this framework, optimal means that individuals will continue to purchase a good or service as long as the from consuming additional units of the good exceed the 20. What does marginal benefit refer to? 21. What does marginal cost refer to? 22. Refer to fig. 2.1 in the text
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