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tweb28 tweb28
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A year ago
All of the following are examples of equilibrium factor-price differentials, EXCEPT

▸ the difference in average wages in Toronto and Dryden, Ontario.

▸ the different wages earned by labour of varying ability.

▸ the different prices of two pieces of land, one with a good supply of water and one without.

▸ an income differential that induces increased rates of entry into the higher paid professions.

▸ higher pay to a dentist than to a dental hygienist.
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Microeconomics

Microeconomics


Edition: 17th
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DeeclaireDeeclaire
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A year ago
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tweb28 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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You make an excellent tutor!
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2 hours ago
Smart ... Thanks!
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