Multiple Choice
Variable factors of production are the inputs that a manager:
A) may adjust in order to alter sales.
B) may adjust in order to alter production.
C) cannot adjust in the short run.
D) cannot adjust in the long run.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q48: Changes in the price of an input
Q145: In 1995 the U.S.Justice Department sued to
Q146: The production function in the table
Q147: Inputs a manager may adjust in order
Q149: Which of the following profit functions exhibits
Q151: Suppose that production for good X is
Q152: You have been hired to replace the
Q153: The creation of a new product is
Q154: Suppose the cost function is C(Q)= 50
Q155: For a cost function C = 100