The Specific Factors Model Assumes That There Are ________ Goods

question 19

Multiple Choice

The specific factors model assumes that there are ________ goods and ________ factor(s) of production.

• A) two; three
• B) two; two
• C) two; one
• D) three; two
• E) four; three

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Definitions:

Employee Responsibility

The duties and obligations that are expected of an employee in the performance of their job.

Payroll Items

Components of an employee's compensation, including wages, salaries, bonuses, and deductions.

Employer Responsibility

The legal and ethical obligations that an employer has toward their employees, including providing a safe work environment and paying wages.

Employee Responsibility

The obligations and duties assigned to an employee by their employer, often related to job performance and ethical conduct.