what is meant by positive economics?give two example of positive economics.
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Goods which can be marketed are called economic goods or commodities. It has an oportunity cost which is reflected in the market price or value. Food, clothing and housing are all examples of economic goods.
There are other types of goods which is also essential for living. They can not be called economic goods as they are free gifts of nature like water, air, sand in the river bed and similar other things.
There are other types of goods which is also essential for living. They can not be called economic goods as they are free gifts of nature like water, air, sand in the river bed and similar other things.
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positive economics is related to the study ✏✏✏✏of economics issue which are subject to verification.....
hope it's help u
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