The Specific-Factors Model Concludes That If There Is an Increase

question 22

Multiple Choice

The specific-factors model concludes that if there is an increase in the relative price (and an expansion) of one industry, the factor specific to that industry:

• A) will experience an increase in its marginal product.
• B) will experience a decrease in its marginal product.
• C) will be transferred to other industries.
• D) will have competition as additional units of that specific factor are hired from other industries.

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Definitions:

Social Dominance

A social hierarchy arrangement where certain groups or individuals are elevated in status above others.

Gender-Role Socialization

The process through which individuals learn the gender norms and behaviors considered appropriate in their society.

Sexual Motivation

The drive or desire to engage in sexual activity, influenced by biological, psychological, and social factors.

Differential Specialization

The process by which different members of a society or group develop specific skills or functions to adapt and survive.