Immigrants tend to be ________ skilled labor and ___________ unskilled labor
a. complements with; substitutes for
b. substitutes for; complements with
c. substitutes for; also substitutes for
d. complements with; also complements with
a. complements with; substitutes for
You might also like to view...
Suppose the Herfindahl-Hirschman Index (HHI) in the market for chocolate is 3,200. Two companies want to merge. The FTC definitely will challenge the merger if it increases the HHI by more than
A) 150 points. B) 100 points. C) 40 points. D) 200 points.
If Fuel is Us is in tacit collusion with four smaller propane delivery firms and Fuel is Us consistently makes price changes that the other four firms then also make, this is an example of ________ by Fuel is Us.
A) a meet-or-release clause B) price leadership C) a meet-the-competition clause D) a precommitment
The multiplier is equal to
a. the reciprocal of MPC. b. the reciprocal of MPS. c. MPC + MPS. d. MPC/MPS.
In a monopoly
A. the monopolist determines how much each firm will produce. B. the market is small in an absolute sense. C. the firm and the industry are the same thing. D. the firm is large in an absolute sense.