Julio makes wine and beer. Last year he made 20 bottles of wine and 20 cases of beer. If the price of grapes goes down (making wine cheaper to make), Julio will be able to make the same amount of wine and more beer

All differences in wages that are not accounted for by differences in human-capital investment are likely to be a result of discrimination

a. True b. False Indicate whether the statement is true or false

The cross-price elasticity of demand for bacon and eggs likely would be negative because bacon and eggs are complements for many people

a. True b. False Indicate whether the statement is true or false