Help with this assignments please I need to be well explained My lack to business background is making it

Question

Help with this assignments, please. I need to be well explained.My lack to business background is making it

difficu , Thank you.

Compensating Wage Differential

Give an example of a compensating wage differential,

a risk premium, or some kind of long-run

equilibrium price difference your company faces.

How can your company profitably exploit this

difference?

Economics