A factor of production whose quantity can be changed during the SHORT run is a(n) _____ factor of production.
A) marginal
B) fixed
C) incremental
D) variable

Name: A factor of production whose quantity can be changed during the SHORT run is a(n) _____ factor of production. A) marginal B) fixed C) incremental D) variable
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Question

Quizplus · Accepted Answer

In the short run, a variable factor of production is one whose quantity can be changed, such as labor or raw materials, unlike fixed factors which cannot be altered.

A Factor of Production Whose Quantity Can Be Changed During