Equilibrium factor- price differentials
A) may be caused by differences in the intrinsic qualities of factors.
B) will be eliminated when the allocation of resources is in long- run equilibrium.
C) are unrelated to acquired differences in factors.
D) tend to be self- eliminating.
E) are unrelated to differences in non- monetary benefits.

Question

Quizplus · Accepted Answer

The Answer of Equilibrium factor- price differentials
A) may be caused by differences in the intrinsic qualities of factors.
B) will be eliminated when the allocation of resources is in long- run equilibrium.
C) are unrelated to acquired differences in factors.
D) tend to be self- eliminating.
E) are unrelated to differences in non- monetary benefits.

Equilibrium Factor- Price Differentials