Use the following to answer questions:
-(Table: Tonya's Production Function for Apples) Look at the table Tonya's Production Function for Apples. Tonya's fixed:
A) input is land.
B) input is labor.
C) inputs are land and labor.
D) inputs are neither land nor labor.

Question

Use the following to answer questions: 
-(Table: Tonya's Production Function for Apples) Look at the table Tonya's Production Function for Apples. Tonya's fixed:
A) input is land. 
B) input is labor. 
C) inputs are land and labor. 
D) inputs are neither land nor labor.

Quizplus · Accepted Answer

In a production function, fixed inputs are those that do not change with the level of output. Typically, land is considered a fixed input because it does not vary with production levels, whereas labor is usually a variable input.

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