An example of a variable factor of production in the short run is
A) a building.
B) capital equipment.
C) an employee.
D) land.

Name: An example of a variable factor of production in the short run is A) a building. B) capital equipment. C) an employee. D) land.
Brand: Quizplus
Rating: 5.0 (38 reviews)

Question

Quizplus · Accepted Answer

In the short run, a variable factor of production is one that can be changed easily, such as labor (employees), while factors like buildings, capital equipment, and land are typically fixed.

An Example of a Variable Factor of Production in the Short