A Factor of Production That Can Be Used in Any

question 46

Multiple Choice

A factor of production that can be used in any sector of an economy is a(an)

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

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Definitions:

Calculate

To determine the value or amount of something through mathematical processes or equations.

Formula

A mathematical relationship or rule expressed in symbols.

Project Completion Time

The estimated or planned duration within which a specific project is expected to be completed.

Early Start Time

The earliest possible point in time that an activity or project can begin, taking into account any constraints or prior dependencies.