What does "factor mobility" refer to in economics? A) The movement of goods and services through an economy B) The ability to transfer investment from one sector to another C) The movement of labor and capital between different sectors or regions D) The fluidity of price adjustments in response to market changes
What does "factor mobility" refer to in economics? A) The movement of goods and services through an economy B) The ability to transfer investment from one sector to another C) The movement of labor and capital between different sectors or regions D) The fluidity of price adjustments in response to market changes
Chapter29: Resource Markets
Section: Chapter Questions
Problem 1E
Related questions
Question
Transcribed Image Text:What does "factor mobility" refer to in economics? A) The movement of goods and services through an economy B) The
ability to transfer investment from one sector to another C) The movement of labor and capital between different sectors
or regions D) The fluidity of price adjustments in response to market changes
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
