Solution-Define the term positive economics

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Briefly define the following two terms in your own words:

Positive economics

Normative economics

Each definition should be a minimum of one to two well developed paragraphs.

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What was the loss on the sale of land recorded : What was the loss on the sale of land recorded by MKH Company

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Define the term positive economics : Briefly define the following two terms in your own words: Positive economics ,Normative economics.

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Evaluate the need for denormalization within an organization : Evaluate the need for denormalization within an organization. Provide at least three examples that prove denormalization is useful to data consumers.