Question
Fixed factor are those factors, which can be increased or decreased in a short period of time to adjust supply.
Answer: Option B
:
B
Fixed factors or production are fixed in the short run. In the long run, all factors are variable.
Was this answer helpful ?
:
B
Fixed factors or production are fixed in the short run. In the long run, all factors are variable.
Was this answer helpful ?
More Questions on This Topic :
Question 2. At the point of inflexion:....
Question 4. Economic development of a country requires:....
Question 6. The combination of inputs is optimal....
Question 9. Labour is hirable but you cannot hire:....
Latest Videos
Latest Test Papers
Submit Solution