Statement 1 : A college diploma is still a necessary condition for a person moving from the
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Statement 1 : 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 2: Professional basketball (especially the National Basketball Association) is an example of a winner-take-all market.
a) Statement 1 is true and statement 2 is false.
b) Statement 2 is true and statement 1 is false.
c) Both statements are true.
d) Both statements are false.
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