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The Abundance of a Particular Factor of Production in a Country

Question 43

Multiple Choice

The abundance of a particular factor of production in a country tends to make that factor:


A) more costly relative to the cost of the same factor in other countries.
B) more costly relative to other factors within the country.
C) less costly relative to the cost of the same factor in other countries.
D) very cheap in dollar terms.
E) All of the above

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