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Economic reasoning for the difference between the salary earned by mid level manager and a high school teacher.

A mid-level manager with 10 years experience at an insurance industry located in San Francisco usually earns more than a high school teacher with the same experience in Evansville, Indiana. Give at least three explanations of why economic reasoning would argue that this is to be expected.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M918267

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