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    Managerial Economics and Strategy Study Set 2
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    Exam 5: Production
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    Which of the Following Statements Is TRUE
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Which of the Following Statements Is TRUE

Question 19

Question 19

Multiple Choice

Which of the following statements is TRUE?


A) Labor is always a variable input.
B) Capital is always a fixed input.
C) Materials are always variable inputs.
D) None of the above.

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