16
Question
Which of these economists were of the view that economics is a positive science?
Which of these economists were of the view that economics is a positive science?
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Solution
The correct option is D Lionel Robbins
Lionel Robbins was a
British economist who proposed a scientifically positive definition on economics where
he emphasized on making choices by the study of human behaviour from various
alternative uses of the scarce resources in order to maximize the satisfaction
of most of the unlimited wants in the economy by setting up a positive relationship between these wants and scarce means.
Lionel Robbins was a British economist who proposed a scientifically positive definition on economics where he emphasized on making choices by the study of human behaviour from various alternative uses of the scarce resources in order to maximize the satisfaction of most of the unlimited wants in the economy by setting up a positive relationship between these wants and scarce means.
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