The Degree of a Factor's Specificity Is Inversely Related to

question 5

Multiple Choice

The degree of a factor's specificity is inversely related to

• A) the amount of time required to redeploy the factor to a different industry.
• B) factor quality, with lower quality factors having a lower level of specificity.
• C) the cost of the factor as a proportion of the long-run total cost of production.
• D) the mobility of the factor, with more mobile factors having less specificity.
• E) technology differences between two countries, with a less advanced technology resulting in less factor specificity.

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Definitions:

James-Lange Theory

A theory of emotion that suggests that physiological arousal precedes the experience of emotion, implying that emotions result from bodily reactions.

Autonomic Arousal

The activation of the autonomic nervous system, which can trigger physiological changes such as increased heart rate or sweating, often in response to stress or excitement.

Conscious Experience

The total sum of thoughts, feelings, and awareness an individual has at any given moment, accessible to introspection.

Cultural Norms

Shared expectations and rules that guide behavior of people within social groups.