The following table contains statements that provide some analysis of policies that address globalization. Categorize each of these statements as either positive or normative.

1. Statement Positive Normative In the past decade, U. S. companies have outsourced millions of jobs overseas.
2. Companies that outsource jobs are acting immorally.
3. If the U. S. government were to institute higher tariffs on imports, companies would stop outsourcing jobs.
4. The U. S. government should institute higher tariffs on imports.

In march 2012, the state of california started requiring that all packaging for food and drink with the additive 4-methylimidazole (4-mi) be clearly labeled with a cancer warning. because of this, both pepsi and coke changed their formula to eliminate 4-mi as an ingredient. if pepsi and coke did not change their formula, holding all else constant, what would have happened to the demand for these goods, assuming pepsi and coke were in a competitive market? a. the demand curve for both pepsi and coke would have shifted to the right, causing the price of both products to decrease and the profits for the companies to fall. b. the demand curve for pepsi and coke would have remained unchanged, but the price of both products would have decreased and the profits for the companies would have fallen. c. the demand curve for pepsi and coke would have decreased, but the prices and profits would not have changed. d. the demand curve for only one of them would change because pepsi and coke are substitutes. e. the demand curve for pepsi and coke would have shifted to the left, causing the price of both products to decrease and the profits for both companies to fall.