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Author Question: What is the difference between temporary factor-price differentials and equilibrium factor-price ... (Read 81 times)

blkth103

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on: Oct 12, 2022
What is the difference between temporary factor-price differentials and equilibrium factor-price differentials?
◦ Temporary differentials lead to, and are eliminated by, factor mobility whereas equilibrium differentials are not.
◦ Equilibrium differentials are affected by shifts in demand whereas temporary differentials are not.
◦ Equilibrium differentials are affected by shifts in supply whereas temporary differentials are not.
◦ the government can eliminate equilibrium differentials, but not temporary differentials.
◦ Equilibrium differentials lead to, and are eliminated by, factor mobility whereas temporary differentials do not.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by blkth103 on Oct 12, 2022

jamezpowell

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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blkth103

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

LVPMS

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Reply 3 on: Yesterday
Wow, this really help

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