The Liberal Arts faculty failed to see the reason that every professor on campus would not make exactly the same amount of money
, arguing that every person is of equal value. The business faculty relied on the laws of supply and demand and market forces to guide their wages and couldn't fathom why their counterparts could be such dunderheads. The source of conflict between these two groups is:
The Liberal Arts faculty failed to see the reason that every professor on campus would not make exactly the same amount of money, arguing that every person is of equal value. The business faculty relied on the laws of supply and demand and market forces to guide their wages and couldn't fathom why their counterparts could be such dunderheads. The source of conflict between these two groups is <u>differentiation</u>.
Explanation: because if you wanted to build more houses you would need trees because you clear up some of the trees around you so you go to a new area and get more wood
