Multiple Choice
If two inputs are gross complements,the cross-wage elasticity of demand for the two inputs will be
A) zero.
B) one.
C) positive.
D) negative.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q5: If the quantity of steel workers demanded
Q6: If an increase in the minimum wage
Q7: Technological progress implies that<br>A) everyone could be
Q8: Other things equal,the own-wage elasticity of demand
Q9: The own-wage elasticity of demand measures<br>A) change
Q11: Own-wage elasticities of demand are<br>A) always positive.<br>B)
Q12: According to empirical estimates,when wages are increased
Q13: Output is produced with capital and labor.If
Q14: Own-wage elasticity of labor demand tends to<br>A)
Q15: An increase in the minimum wage will