Can economic analysis provide a final answer to the question of whether the government should intervene in markets by imposing price ceilings and price floors? Why or why not?

stion list

K

estion $17$

estion $18$

$$ A$.$

Economic analysis cannot provide such an answer because it seeks to address normative questions such as "what ought to be$."$

O B$.$ Economic analysis can provide such an answer because it seeks to address both positive and normative questions such as "what is$"$ and "what ought to be$."$

$$C$.$ Economic analysis cannot provide such an answer because it seeks to address positive questions such as "what is$."$

$$D$.$ Economic analysis can provide such an answer because it seeks to address positive questions such as "what is$."$

O E$.$

Economic analysis can provide such an answer because it seeks to address normative questions such as "what ought to be$."$