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Why Are Prices of Factors of Production NOT Equalized

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Why are prices of factors of production NOT equalized?


Definitions:

Brightness

A perception of how luminous an object appears, depending on the amount of light it reflects or emits.

Hue

A color or shade in the spectrum of visible light, often identified as a color name like red, blue, or green.

Optic Nerve

The optic nerve is a crucial part of the eye and visual system, transmitting visual information from the retina to the brain.

Blind Spot

An area in the visual field that lacks light-detecting photoreceptor cells, making it insensitive to light.

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