The false statement is C, as the quality of a good doesn't determine wages.
Wages are determined by the marginal revenue productivity that a job generates. Thus, the higher the income generated by a job position, the higher the worker's wages.
In other words, the salary is valued according to the production of each job.
True.
"Hughes patented the technology in 1909 and, with partner Walter Sharp, formed the Houston-based Sharp-Hughes Tool Company to manufacture the bit. After Sharp died in 1912, Hughes bought his interest in the company. When he in turn passed away in 1924, Howard Jr., an only child whose mother had died two years earlier, inherited the thriving company and became a millionaire."
Because Hitler invaded Poland
