Different between single factor intensity reversal and multifactor intensity reversal
Answers
Answered by
1
Factor intensity can be explained in terms of variable factors involved
Explanation:
The factor intensity can be single when there is only one factor involved
If there are more than one factors, it is called multiple factors intensity
The variable factors can be capital, labor, wage, resources, etc.
If only one of these factors involved, it is a single factor intensity and if more than one like all of above, then it is multiple factors intensity.
Similar questions