Explain why “rising paper prices will increase book prices” is either a positive or normative economic statement.

“Rising paper prices will increase book prices” is a positive statement. In theory, this assertion can be tested, as the impact of increasing the prices of paper can be analyzed to determine how it will affect book prices. Positive statements can be divided into a cause-and-effect clause.

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Academic.Tips. 2022. "Explain why “rising paper prices will increase book prices” is either a positive or normative economic statement." April 6, 2022. https://academic.tips/question/explain-why-rising-paper-prices-will-increase-book-prices-is-either-a-positive-or-normative-economic-statement/.

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Academic.Tips. "Explain why “rising paper prices will increase book prices” is either a positive or normative economic statement." April 6, 2022. https://academic.tips/question/explain-why-rising-paper-prices-will-increase-book-prices-is-either-a-positive-or-normative-economic-statement/.

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"Explain why “rising paper prices will increase book prices” is either a positive or normative economic statement." Academic.Tips, 6 Apr. 2022, academic.tips/question/explain-why-rising-paper-prices-will-increase-book-prices-is-either-a-positive-or-normative-economic-statement/.

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