Based on a Cobb-Douglas Production Function and Perfect Capital Mobility

question 60

Multiple Choice

Based on a Cobb-Douglas production function and perfect capital mobility, capital should flow to economies in which:

• A) capital is relatively scarce.
• B) capital is relatively abundant.
• C) technological production capabilities are inferior.
• D) labor is relatively scarce.

---

Definitions:

Oscar-Contending Fare

Films considered as potential nominees for the Academy Awards, recognized for their artistic, technical, or narrative quality.

Media Conglomerate

A large company that owns numerous companies involved in various media ventures, including television, radio, publishing, and the internet.

Comcast

An American telecommunications conglomerate that is one of the world's largest broadcasting, cable television, and internet service providers, among other entertainment and communications services.

35mm Film Prints

The standard gauge for filming and projecting motion pictures, widely used in the cinema industry for over a century.