Solved

The Degree of a Factor's Specificity Is Inversely Related to

Question 16

Multiple Choice

The degree of a factor's specificity is inversely related to


A) the mobility of the factor,with more mobile factors having less specificity.
B) the cost of the factor as a proportion of the long- run total cost of production.
C) the amount of time required to redeploy the factor to a different industry.
D) technology differences between two countries,with a less advanced technology resulting in less factor specificity.
E) factor quality,with lower quality factors having a lower level of specificity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions