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Author Question: If the consumption of a good decreases the quantity available for another person, the good is rival. ... (Read 29 times)

littleanan

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on: Jun 29, 2018
If the consumption of a good decreases the quantity available for another person, the good is rival.
 
  Indicate whether the statement is true or false

Question 2

Computers and laser scanners are ________ for low-skilled labor and ________ for high-skilled labor. The introduction of these technologies ________ the wage rate of high-skilled workers and ________ the wage rate of low-skilled workers.
 
  A) complements; substitutes; raises; lowers
  B) substitutes; complements; lowers; raises
  C) substitutes; complements; raises; lowers
  D) complements; substitutes; lowers; raises
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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miss.ashley

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

C


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