In the specific factors model, which of the following is treated as a specific factor?
A) Land
B) Labor
C) Cloth
D) Food
E) Technology

Name: In the specific factors model, which of the following is treated as a specific factor? A) Land B) Labor C) Cloth D) Food E) Technology
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Question

Quizplus · Accepted Answer

In the specific factors model, land is treated as a specific factor because it is immobile and specific to the agricultural sector, unlike labor which is mobile between sectors.

In the Specific Factors Model, Which of the Following Is