Specific knowledge is I. More detailed than general knowledge
II. More costly to transfer than general knowledge
III. An example of an agency cost
A) I and II only
B) I and III only
C) II and III only
D) I, II, and III

Question

Quizplus · Accepted Answer

Specific knowledge is more detailed and costly to transfer than general knowledge because it often requires specialized understanding or context. It is not inherently an example of an agency cost.

Specific Knowledge Is I