The Degree of a Factor's Specificity Is Inversely Related to

question 5

Multiple Choice

The degree of a factor's specificity is inversely related to

• A) the amount of time required to redeploy the factor to a different industry.
• B) factor quality, with lower quality factors having a lower level of specificity.
• C) the cost of the factor as a proportion of the long-run total cost of production.
• D) the mobility of the factor, with more mobile factors having less specificity.
• E) technology differences between two countries, with a less advanced technology resulting in less factor specificity.

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Definitions:

HOME Assessment

A tool used to evaluate the quality and quantity of stimulation and support available to a child in their home environment.

Cognitive Development

The process by which individuals acquire and understand knowledge through thought, experience, and the senses.

Habituation

The diminishing of a physiological or emotional response to a frequently repeated stimulus.

Dishabituation

The renewal of a response, previously habituated, following the presentation of a new stimulus.