The Indifference Principle States That​

question 65

Multiple Choice

The indifference principle states that​

• A)​If an asset is mobile,then in the long run,it will be indifferent about where it is used
• B)In the long run,a mobile asset will make the same profit,no matter where it goes
• C)If an asset is mobile,then in the long run,it would stay with the first user
• D)​Only A&B

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Definitions:

Infrastructure Capabilities

The essential facilities and systems serving a country, city, or area, including transportation and communication systems, power plants, and schools necessary for economic function.

Population Growth

The increase in the number of individuals in a population, often discussed in context with economic, environmental, and social impacts.

Purchasing Power

The ability of an individual or group to buy goods or services, often considered in relation to the amount of goods or services that one's money can buy.

Urban Population

The segment of a country's population that resides within towns and cities as defined by governmental standards.