An example for fixed input in economic decision making is that the project manager has a budget of one million dollars for this project.

Name: An example for fixed input in economic decision making is that the project manager has a budget of one million dollars for this project.
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Question

Quizplus · Accepted Answer

A fixed input in economic decision-making refers to a resource that is constant and cannot be changed in the short term, such as a set budget.

An Example for Fixed Input in Economic Decision Making Is