A Factor of Production That Cannot Be Used Outside of a Particular

question 22

Multiple Choice

A factor of production that cannot be used outside of a particular sector of an economy is a(an)

• A)specific factor.
• B)mobile factor.
• C)import- competing factor.
• D)variable factor.
• E)export- competing factor.

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Definitions:

Standard Deviation

A statistical measure of the dispersion or variability of a set of data points or investment returns around the mean.

Beta

A quantification of the risk and fluctuations experienced by a security or portfolio when compared to the general market.

Treynor Measure

A performance metric for determining how well an investment compensates the investor for taking a particular level of risk, accounting for systematic risk.

Standard Deviation

A statistical measure that represents the dispersion or variance in a set of data points, used in finance to measure the volatility of investment returns.