Statement 1 : A college diploma is still a necessary condition for a person moving from the

Question:

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.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

Question Posted: