Multiple Choice
A temporary factor-price differential is one which
A) will tend to be eliminated in the long run.
B) will hamper the reallocation of resources from declining to growing industries.
C) derives from intrinsic differences in the factors themselves.
D) will reflect a permanent state of disequilibrium.
E) is seldom self-eliminating.
Correct Answer:
Verified
Correct Answer:
Verified
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