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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 34
Which statement(s) is/are true? Statement I: A college diploma is still a necessary condition for a person moving from the secondary to the primary labor market, but that diploma is no longer a sufficient condition.
Statement II: Professional basketball (especially the National Basketball Association) is an example of a winner-take-all market.
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.
Statement II: Professional basketball (especially the National Basketball Association) is an example of a winner-take-all market.
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.
Explanation
Verified
Verified
Hence, the options b) and d) are incorre...
Microeconomics 9th Edition by Stephen Slavin
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