An input whose quantity can be changed in the short run is a(n) _____ input.
A) marginal
B) fixed
C) incremental
D) variable
Correct Answer:
Verified
Q12: In the long run:
A)all inputs are fixed.
B)inputs
Q13: The idea of diminishing returns to an
Q14: The _ is the increase in output
Q15: A _ is an organization that produces
Q16: Use the following to answer question:
Q18: In the short run:
A)all inputs are fixed.
B)all
Q19: Diminishing returns to an input occur:
A)when all
Q20: An input whose quantity CANNOT be changed
Q21: Use the following to answer question:
Q22: You own a deli.Which decision is most
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