The difference between the average earnings of eye surgeons and those of janitors is an example of
A) a temporary differential
B) a permanent differential
C) a resource price difference that will cause a reallocation of resources to different uses
D) a temporary difference that will be eliminated through the reallocation of resources to different uses
E) a differential caused by a lack of resource mobility
Correct Answer:
Verified
Q42: The fewer alternative uses a resource has,
A)the
Q43: Permanent resource price differentials are caused by
A)differences
Q44: If all of the income paid to
Q45: Exhibit 11-1 Q46: A guarded barbed wire fence separates East Q48: If the supply of oceanfront lots is
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