This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is an example of a temporary price differential in a resource market? a. ... (Read 58 times)

jilianpiloj

  • Hero Member
  • *****
  • Posts: 521
Which of the following is an example of a temporary price differential in a resource market?
 a. land downtown is more expensive than land in the suburbs
  b. a superstar professional basketball player is paid more than the average professional player
  c. cable television installers have a higher wage than telephone installers
  d. an airline pilot is paid more than a flight attendant
  e. a worker in a toxic waste plant earns more than a teacher

Question 2

Which of the following is not an example of an open access resource?
 a. deer in the forest
  b. fish in the ocean
  c. oil deposits
  d. wild flowers
  e. King crabs in the Bering Sea



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fur

  • Sr. Member
  • ****
  • Posts: 309
Answer to Question 1

C

Answer to Question 2

C




jilianpiloj

  • Member
  • Posts: 521
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

For a complete list of videos, visit our video library