In the specific factors model,labor is defined as a(an)
A)mobile factor.
B)fixed factor.
C)specific factor.
D)variable factor.
E)intensive factor.

Name: In the specific factors model,labor is defined as a(an) A)mobile factor. B)fixed factor. C)specific factor. D)variable factor. E)intensive factor.
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Question

Quizplus · Accepted Answer

In the specific factors model, labor is considered a mobile factor because it can move between different sectors of the economy, unlike specific factors which are tied to a particular sector.

In the Specific Factors Model,labor Is Defined as A(an)