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Author Question: Because of illegal immigrants, the equilibrium wage rate of unskilled labor falls. a. True b. ... (Read 85 times)

s.tung

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on: Jun 30, 2018
Because of illegal immigrants, the equilibrium wage rate of unskilled labor falls.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Cross-price elasticity is represented by the formula Q/P  P/Q; where Q and Q represent the quantity demanded and change in quantity demanded of a good, and P and P represent the price and change in price of a related good respectively.
 a. True
  b. False
  Indicate whether the statement is true or false


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reelove4eva

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

True


s.tung

  • Member
  • Posts: 577
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

  • Member
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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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