In the specific factors model,labor is defined as a(an)
A) mobile factor.
B) specific factor.
C) fixed factor.
D) variable factor.
E) intensive factor.

Name: In the specific factors model,labor is defined as a(an) A) mobile factor. B) specific factor. C) fixed factor. D) variable factor. E) intensive factor.
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Question

Quizplus · Accepted Answer

In the specific factors model, labor is considered a mobile factor because it can move between different sectors of the economy, unlike specific factors which are tied to a particular sector.

In the Specific Factors Model,labor Is Defined as A(an)