An example of a short-run fixed factor of production is
A) capital equipment.
B) labor.
C) electricity.
D) postage for mailing.

Name: An example of a short-run fixed factor of production is A) capital equipment. B) labor. C) electricity. D) postage for mailing.
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Question

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In the short run, a fixed factor of production is one that cannot be easily changed. Capital equipment, such as machinery or buildings, is typically fixed in the short run because it takes time and investment to alter.

An Example of a Short-Run Fixed Factor of Production Is