For Factor Reversal to Occur,two Commodities Must Be Produced With

question 10

Multiple Choice

For factor reversal to occur,two commodities must be produced with:

• A)sufficiently different elasticity of substitution of factors
• B)the same K/L ratio
• C)technologically-fixed factor proportions
• D)equal elasticity of substitution of factors

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Definitions:

Naturalistic Observation

A study method where participants are monitored in their usual surroundings with no alteration by the researcher.

Native Habitat

The natural environment in which a species lives and evolves.

Survey Research

A research method involving the collection of data from a predetermined group of respondents to gain information about populations or phenomena.

Experimental Method

A research methodology that involves manipulating one variable to determine if changes in one variable cause changes in another variable.