What does the following quote by historian Robert Allen regarding the importance of high wages and cheap energy, mean? "Wages were high and energy was cheap. These prices led directly to the Industrial
Revolution by giving firms strong incentives to invent technologies that substituted capital and coal for
labor."

Javier is considering two options for college. option a: complete the first two years of schooling at a community college and then transfer to a university. option b: complete all four years of schooling at the university. community college financial analysis costs per year financial aid package per year tuition & fees scholarships & grants $3,000 $1,000 room & board $1,000 university financial analysis costs per year financial aid package per year tuition & fees scholarships & grants $10,000 $15,000 room & board work-study $11,500 $4,000 which statement about the cost of the options is true? option b will save him $1,000. option b will save him $2,000. option a will save him $14,000. option a will save him $17,500.