Which Is an Example of Movement of Factors of Production

question 70

Multiple Choice

Which is an example of movement of factors of production between countries within an industry?

• A) an employee quitting work in an automobile firm in the U.S. and joining another
• B) an employee moving from a steel firm to an automobile firm in the U.S.
• C) an employee moving from one steel firm to another in a different country.
• D) an employee moving from a steel firm to an automobile firm in a different country.

Understand the importance and characteristics of brand names and logos.

Grasp the concept of brand and product line extensions and their strategic implications.

Recognize the regulatory, health, and safety challenges associated with packaging and labeling.

Understand the difference between primary demand and selective demand in market strategy.

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Definitions:

RPM

Stands for Revolutions Per Minute, a measurement of the speed of rotation of a mechanical component.

Deep-Reduction Transmission

A transmission designed to significantly decrease the gear ratio, providing a higher torque at low speed, often used in heavy-duty vehicles.

Low-Low Ratio

A very low gear ratio in a vehicle's transmission, providing maximum torque output for situations requiring increased power at low speeds, such as off-road.

Teeth Drives

Mechanisms that use gear teeth to transmit power and motion between shafts in machinery.