What Does the Two-Sector (Agriculture and Manufacturing) Specific-Factors Model Allow

question 146

Multiple Choice

What does the two-sector (agriculture and manufacturing) specific-factors model allow us to analyze?

• A) the returns to all factors of production
• B) only the returns to capital in agriculture
• C) only the returns to land in manufacturing
• D) only the allocation of land to agriculture

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Definitions:

Organizational Commitment

The psychological attachment and loyalty an employee feels toward their organization, often resulting in continued employment and high levels of effort.

Employee Involvement

A management philosophy that emphasizes the importance of employees making contributions to and participating in decisions that affect their work and the organization.

Job Satisfaction

The level of contentment or happiness an individual experiences regarding their job, including aspects such as work tasks, pay, and work environment.

Job Performance

The degree to which an employee executes their job duties and tasks effectively.