The factor mobility model is most dependent on the idea that
A)people move when forced to move.
B)people move to higher wage paying areas.
C)people move to areas where cost of living is lower-thus saving money.
D)people rarely move for financial reasons.

Question

Quizplus · Accepted Answer

The factor mobility model is based on the idea that factors of production, such as labor, capital, and land, move from areas of low return to areas of high return. People are considered a factor of production, and therefore, the model assumes that people will move to areas where they can earn a higher wage.

The Factor Mobility Model Is Most Dependent on the Idea