

McqMate
Q. |
The term ‘factor intensity’ refers to |
A. | The relative proportion of two commodities produced in a given period |
B. | The relative amount of resources each country possesses |
C. | The relative proportion of various factors of production used to produce a commodity |
D. | None of the above |
Answer» C. The relative proportion of various factors of production used to produce a commodity |
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