Author Question: During World War II (194145), Engel's law applied. As income rose, consumption of food dropped ... (Read 62 times)

dmcintosh

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During World War II (194145), Engel's law applied. As income rose, consumption of food dropped relative to all other goods and services purchased.
 
  Indicate whether the statement is true or false

Question 2

Technological advancements and changes in factor proportions shift a producer's comparative advantage.
 
  Indicate whether the statement is true or false



sierrahalpin

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Answer to Question 1

False

Answer to Question 2

True



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