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Suppose a Cook at a Diamond Mining Camp in Canada's

Question 15

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Suppose a cook at a diamond mining camp in Canada's North earns a much higher wage than a cook with similar training and experience at an office building in Halifax.Economists would likely call this


A) a temporary factor-price differential.
B) a compensating differential.
C) an intrinsic difference.
D) an acquired difference.
E) an equilibrium differential.

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