In the specificfactors model, it is assumed that labor:
A)can move freely between the manufacturing and agricultural sectors.
B)can move from the manufacturing to the agriculture sector, but not from the agricultural to the
Manufacturing sector.
C)cannot move from one sector to the other.
D)cannot move within a sector.

Question

In the specific­factors model, it is assumed that labor:
A)can move freely between the manufacturing and agricultural sectors.
B)can move from the manufacturing to the agriculture sector, but not from the agricultural to the
Manufacturing sector.
C)cannot move from one sector to the other.
D)cannot move within a sector.

Quizplus · Accepted Answer

In the specific-factors model, labor is assumed to be mobile and can move freely between sectors, such as manufacturing and agriculture, while other factors are sector-specific.

In the Specific­factors Model, It Is Assumed That Labor

In the Specificfactors Model, It Is Assumed That Labor