What resource is specific to the agriculture sector?
A) labor
B) land
C) capital
D) entrepreneurs
Correct Answer:
Verified
Q4: In the twosector (manufacturing and agriculture)
Specificfactors model,
Q5: In the twosector (manufacturing and agriculture)
Specificfactors model,
Q6: Because of the "law of diminishing marginal
Q7: In contrast to the Ricardian model, international
Q8: In a twosector (manufacturing and agriculture) specific
Factors
Q10: The specificfactors model is termed a "shortrun"
Q11: Bolivia's government attempted to solve some of
Q12: When there are diminishing marginal returns to
Q13: In the specificfactors model, it is assumed
Q17: A "specific" factor of production is:
A) critical
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