Solved

Equilibrium Price Differentials for Productive Resources

Question 279

Multiple Choice

Equilibrium price differentials for productive resources


A) tend to be self-eliminating.
B) may be caused by differences in the quality of those resources.
C) are eliminated when the allocation of resources is in a state of equilibrium.
D) are unrelated to differences in nonmonetary benefits.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions