The difference between a positive economic statement and a normative economic statement is that: a. a normative statement must be true, while a positive statement is often not true. b. a positive statement must be true, while a normative statement is often not true. c. a positive economic statement is a moral judgment, while a normative economic statement is not a moral judgment. d. a positive statement can be verified, while a normative statement cannot be verified. e. a normative statement can be verified, while a positive statement cannot be verified.

Abc factory produces 24,000 units. the cost sheet gives the following information: direct materials rs. 1,20,000direct labour rs. 84,000variable overheads rs. 48,000semi variable overheads rs. 28,000fixed overheads rs. 80,000total cost rs. 3,60,000presently the product is sold at rs. 20 per unit.the management proposes to increase the production by 3,000 units for sales in the foreign market . it is estimated that semi variable overheads will increase by rs. 1,000. but the product will be sold at rs. 14 per unit in the foreign market. however, no additional capital expenditure will be incurredq-1. what is present profit of the company ? q-2. what is proposed profit of the company in new market? q-3.what is suggestion for new makret proposal whether proposal accept or not