North Carolina's school choice program gives parents a bigger say over where their children go to school. To help with the choice, parents are mailed a sheet of paper listing the average of the math and reading scores for each school they could apply to. Providing this information is an example of a(n):

In a perfectly competitive market, a(n) ________ occurs because ________

A) efficient outcome; total surplus is maximized B) deadweight loss; firms minimize average minimum cost C) efficient outcome; the fair rules condition is met D) deadweight loss; firms must be price takers E) deadweight loss; total surplus is minimized

Normative economics concerns

a. analysis of social and economic norms b. statements of fact c. the analysis of what is d. the study of what ought to be e. value-free judgments