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

question 19

Multiple Choice

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

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

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