"The Difference Between Positive and Normative Statements Is That a Positive

question 169

True/False

"The difference between positive and normative statements is that a positive statement is always true while a normative statement might or might not be true." True or false? Explain.

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Definitions:

Energy Required

The amount of energy needed to perform a particular task or process, such as manufacturing a product or operating a machine.

Smelt Copper

The process of extracting pure copper by heating and melting copper ore to separate it from other elements.

Marginal Revenue Product

The extra income produced by using another unit of a production input.

Technology Improvement

Advancements or enhancements in technology that lead to better productivity, efficiency, or product quality in various sectors.