Which of the Following Is an Example of a Temporary

question 25

Multiple Choice

Which of the following is an example of a temporary price differential in a resource market?

• A)land downtown being more expensive than land in the suburbs
• B)a famous professional basketball player being paid more than the average professional basketball player
• C)cable television installers having a higher wage than telephone installers
• D)an airline pilot being paid more than a flight attendant
• E)a worker in a toxic waste plant earning more than a teacher

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Definitions:

Proletarian Revolution

A proletarian revolution refers to the overthrow of the capitalist system by the working class, aimed at establishing a classless society where the means of production are owned and controlled communally.

Tsarina Alexandra

The last Empress of Russia, wife of Tsar Nicholas II, known for her influence on the Russian monarchy and its downfall.

Germany

A country in Central Europe known for its rich history, culture, and contributions to art, science, and technology.

Russian People

Refers to the nation or ethnic group native to Russia, characterized by their diverse cultural, historical, and linguistic backgrounds.