Explain positive analysis and normative analysis


Explain which of the following statements represent positive analysis and which represent normative analysis: a) A 50-cent-per-pack tax on cigarettes will lead to a 12 percent reduction in smoking by teenagers. b). The federal government should spend more on AIDS research. c). rising paper prices will increase textbook prices. d). The price of coffee at Starbucks is too high.

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Microeconomics: Explain positive analysis and normative analysis
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