Author Question: If two resources, such as labor and farm machinery, are complementary, a. one can be used in place ... (Read 56 times)

jc611 · **on:** Jun 30, 2018

If two resources, such as labor and farm machinery, are complementary,
a. one can be used in place of the other
b. an increase in the price of one will increase the demand for the other
c. an increase in the price of one will increase the supply of the other
d. a decrease in the price of one will increase the productivity of the other, which will decrease the demand for that other resource
e. a decrease in the price of one will increase the demand for the other

Question 2

If you live in a state with a returnable deposit law and you decide to throw out your empty bottles and cans, chances are that someone down the line with a higher opportunity cost than you will find them and return them for deposits.
a. True
b. False