If an economist is trying to figure out, in a certain situation, “What would happen if?”, then that economist is working in the area of

a. normative economics.
b. positive economics.
c. the theory of the firm.
d. welfare economics.

b. positive economics.

Economics

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Pineapple growing is a perfectly competitive industry. How does the market demand curve for pineapples compare to the demand curve for an individual pineapple grower?

What will be an ideal response?

Economics

A newly-issued eighteen-year Treasury security can be stripped into __________ separate zero coupon securities

A) two B) eighteen C) thirty-seven D) seventy-three

Economics