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.
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.
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.
additional resources or new technology become available
Yes
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.
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.
Near necessary resources.
Learn three or four trades and be mobile, (family willing to move?). Or go to college and learn to be something irreplaceable. eD
They were called Nomads, and were always looking for places to live and resources to live off of.
Mobile is to be able to move or be moved freely or easily.
The prefix of mobile is mob-. This prefix means to move.
Mobile
You have to see the move deleter.
Most mobile homes do not need to be separated to move. They are built on a movable frame.
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 the mobile has not been paid for (financed) you don't own it. Therefore you cannot move it.
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