If the price of a complementary good decreases, demand for the original good will decrease
Indicate whether the statement is true or false
FALSE
Economics
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Suppose country X can produce a personal computer at an opportunity cost of 1000 t-shirts. Assume that country X has a comparative advantage in the production of t-shirts
Would country X ever agree to terms of trade with country Y such that one personal computer would be exchanged for 1100 t-shirts?
Economics
A fundamental criticism of Time on the Cross is that economics cannot be used to simply compare the welfare of the slaves to their free, white counterparts
Indicate whether the statement is true or false
Economics