Question

Which of the following statements is incorrect? 

1) Unlike normative economics, positive economics is based on objective analysis of economics issues.

2) The opportunity cost of a good is the quantity of other goods sacrificed to get another unit of that good.

3) Microeconomics emphasizes interactions in the economy as a whole.​

Answer 1

Unlike normative economics, positive economics is based on ... of other goods sacrified to get another unit of that good. ... studies interactions in the economy as a whole

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