Multiple Choice
Statement I.We say that two resources are complements in production if an increase in one requires a decrease in the other.
Statement II.Capital and labor are both complementary resources and substitute resources.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Correct Answer:

Verified
Correct Answer:
Verified
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