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Resources are not always mobile and willing to move because they tend to stay put and sometimes remain unemployed. Resource mobility, an ideal in the competitive free enterprise economy, is much more difficult to accomplish in the real world. When resources are immobile markets do not always function efficiently.
What else can I help you with?
Explain why resources are not always mobile and willing to move?
Resources native to a particular station often times can not flourish in another. Relocation may not be cost effective and may result in complete lost of resources.
What happens to the marginal rate of substitution as you move along a convex indifference curve?
The MRS measures how much of a good you are willing to give up in exchange for one more unit of the other good, keeping utility constant. The MRS diminishes along a convex indifference curve in that as you move down along the indifference curve, you are willing to give up less and less of the one good in exchange for the other. The MRS is also the slope of the indifference curve, which increases (becomes less negative) as you move down along the indifference curve. The MRS is constant along a linear indifference curve, since in this case the slope does not change. The consumer is always willing to trade the same number of units of one good in exchange for the other.
Can Market failure can occur when resources do not move freely from one industry to another?
Yes
How does the production possibilities frontier move?
additional resources or new technology become available
Is labor factor of production immobile?
Labor is highly mobile. People will move where jobs are. Such as in the Industrial Revolution, factories had a demand for labor which caused a rural to urban migration.
Explain why resources are not always mobile and willing to move?
Resources native to a particular station often times can not flourish in another. Relocation may not be cost effective and may result in complete lost of resources.
Humans are always on the move but in general they tend to settle by?
Near necessary resources.
How could you avoid be unemployed?
Learn three or four trades and be mobile, (family willing to move?). Or go to college and learn to be something irreplaceable. eD
Why did early hunter-gatherer societies have to move?
They were called Nomads, and were always looking for places to live and resources to live off of.
What is mobile-?
Mobile is to be able to move or be moved freely or easily.
What is the prefix of mobile?
The prefix of mobile is mob-. This prefix means to move.
What is an adjective for move?
Mobile
If a Pokemon is not willing to give up a move what do you do?
You have to see the move deleter.
How do you separate to move a mobile home?
Most mobile homes do not need to be separated to move. They are built on a movable frame.
Is a door hinge a rigid or a mobile joint?
it is a mobile joint! It is a mobile joint because it allows the door to move through the hinges!! Are arms are also mobile joints because are arms also move
If a person is purchasing a mobile home is it legally to move and set up mobile home on property before mobile home is financed?
if the mobile has not been paid for (financed) you don't own it. Therefore you cannot move it.
Is a door hinge rigid joint or mobile joint?
it is a mobile joint! It is a mobile joint because it allows the door to move through the hinges!! Are arms are also mobile joints because are arms also move
