Examlex

Solved

If an Increase in the Use of One Factor of Production

question 143

Multiple Choice

If an increase in the use of one factor of production increases the demand for the other, the two factors are:


Definitions:

Quota Systems

Policies or practices that set a specific number or percentage for the admission, employment, or allocation of resources to certain groups of people.

Affirmative Action

Policies or measures aimed at increasing the representation of historically disadvantaged groups in areas such as employment, education, and business, through positive steps towards inclusivity.

Affirmative Action

A policy or measure taken to increase the representation of minorities and women in areas of education, employment, and business from which they have been historically excluded.

Admission Policies

Guidelines and criteria set by educational institutions or organizations for selecting individuals for entry or participation.

Related Questions