A Temporary Factor-Price Differential Is One Which

question 93

Multiple Choice

A temporary factor-price differential is one which

• A)will tend to be eliminated in the long run.
• B)will hamper the reallocation of resources from declining to growing industries.
• C)derives from intrinsic differences in the factors themselves.
• D)will reflect a permanent state of disequilibrium.
• E)is seldom self-eliminating.

Recognize the importance and methodology of cross-cultural research.

Describe the influence of culture on gender roles and egalitarianism.

Identify and understand various culture clusters and the countries comprising them.

Recognize the importance of diversity and inclusion in organizational staffing.

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Definitions:

Performance Hurdle

A benchmark or specific target set that must be achieved before certain rewards, such as bonuses or stock options, are granted.

Repriced Option

An option whose terms, specifically the strike price, have been adjusted, typically to make the options more favorable for the holder following declines in the market price of the underlying asset.