What are factors of production? Explain the meaning of mobility of factors of production. To what extent
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Question:
- What are factors of production?
- Explain the meaning of mobility of factors of production. To what extent are factors ofproduction mobile.
- State the aspects of significance of factor mobility
- What policy recommendations would you suggest to reduce regional development imbalances if any in developing countries
- What are the main factors of production
- What is meant by economies and diseconomies of scale?
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