Custom fabric ventures is a small company that produces fabric-based wardrobe accessories (such as, handbags, scarves, and headbands) and home accessories (such as placemats, pillows, and window treatments). the company keeps a limited number of popular items in stock, but primarily produces custom orders. customers are able to choose from a wide selection of styles, sizes, and fabrics for each type of product. most of the company’s customers are small boutiques, home décor shops, and home-decorators who serve clientele with discerning tastes. as a result, customers expect high-quality products.

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.