Question: 7. What is the difference between positive and normative analysis? Which of the following questions would entail positive analysis, and which normative analysis? a) What

7. What is the difference between positive and normative analysis? Which of the following questions would entail positive analysis, and which normative analysis?

a) What effect will Internet auction companies have on the profits of local automobile dealerships?

b) Should the government impose special taxes on sales of merchandise made over the Internet?

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