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SebKom SebKom
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6 years ago
If teenagers and adults are substitutes in production, and the wage of teenagers falls, then
A) they must be gross substitutes, and the employment of adults will fall.
B) they must be gross complements, and the employment of adults will fall.
C) they could be either gross substitutes or gross complements, and the employment of adults could rise or fall.
D) they must be gross substitutes, and the employment of adults will rise.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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alanialani
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6 years ago
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