Which of the Following Is a Key Assumption in Factor

question 89

Multiple Choice

Which of the following is a key assumption in factor
Price insensitivity in response to a fall in FDI?

• A)Technology is changing in the capital­intensive sector.
• B)Technology is changing in the labor­intensive sector.
• C)Prices are changing for the capital­intensive good.
• D)None of these is a key assumption.

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Definitions:

Sales Budget

A financial plan that estimates the expected revenue from sales over a specific period, guiding business strategies and operations.

Sales Forecasts

Predictions about the future sales performance of a company or product, based on market analysis and historical sales data, used for planning purposes.

Budget Manual

A budget manual is an organized, documented set of procedures and guidelines that an organization uses to prepare its budgets, aiming to standardize the budgeting process.

Strategic Plans

Long-term goals and objectives of an organization, along with the action plan to achieve them, focusing on overall direction and long-term growth.