Which of the following is the most likely to be a fixed factor of production at a farm?
A) The land on which the farm is located
B) The number of workers hired to harvest the crops
C) The amount of fertilizer used each week
D) The amount of water used each day
Correct Answer:
Verified
Q49: A fixed factor of production:
A)is fixed in
Q50: Which of the following is the most
Q51: Refer to the accompanying table. To increase
Q52: The accompanying table describes the relationship between
Q53: Refer to the accompanying table. As the
Q55: The accompanying table describes the relationship between
Q56: If a firm spends $400 to produce
Q57: To produce 150 units of output, a
Q58: Refer to the accompanying table. To increase
Q59: Suppose 30 employees per day can produce
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents