In the specific factors model,which of the following is treated as a specific factor?
A)cloth
B)technology
C)food
D)capital
E)labor

Name: In the specific factors model,which of the following is treated as a specific factor? A)cloth B)technology C)food D)capital E)labor
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Question

Quizplus · Accepted Answer

In the specific factors model, capital is treated as a specific factor because it is immobile and specific to a particular industry, unlike labor which is mobile between industries.

In the Specific Factors Model,which of the Following Is Treated