Economy, asked by dulaldeka274, 9 months ago

distinguish between single factor intensity reversal multiple factor intensity reversal using suitable diagrams

Answers

Answered by wajahatkincsem
0

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.

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