A Temporary Factor- Price Differential Is One Which

question 106

Multiple Choice

A temporary factor- price differential is one which

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

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Definitions:

Frontal Lobe

The largest of the four major lobes of the brain, located at the front of each hemisphere, involved in voluntary movement, expressive language, and managing higher level executive functions.

Decision Making

The cognitive process of choosing between different courses of action or belief, often involving weighing the benefits and risks.

Cerebral Artery

An artery that supplies blood to the cerebrum, a major part of the brain involved in processing sensory and motor information.

Cerebrum

The largest part of the brain, responsible for higher brain functions such as thought, action, emotion, and sensory processing.