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:

Earthworms

Invertebrate animals belonging to the class Oligochaeta, known for their role in aerating the soil and enhancing soil fertility through their digestion process.

Marine Annelids

Worm-like organisms that live in marine environments, part of the phylum Annelida, known for their segmented bodies.

Parapodia

Parapodia are paired, lateral extensions on each segment of some annelids, such as polychaetes, used for locomotion and sometimes respiration.

Bivalve

Type of mollusc with a shell composed of two valves; includes clams, oysters, and scallops.