Which of the following inputs are variable in the long run?
A) Labor
B) Capital and equipment
C) Plant size
D) all of these

Question

Quizplus · Accepted Answer

In the long run, all inputs are considered variable, as the firm can adjust its inputs to reach its desired level of output. Labor (A) and capital and equipment (B) are the most obvious variable inputs, but even plant size (C) can also be adjusted in the long run. Therefore, all of the inputs are variable in the long run.

Which of the Following Inputs Are Variable in the Long