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jayboskeet jayboskeet
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2 years ago
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 temporary factor-price differential.

▸ an acquired difference.

▸ an equilibrium differential.

▸ an intrinsic difference.

▸ a compensating differential.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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jwmarojwmaro
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2 years ago
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