Because it is a machine,a personal computer should be treated as a fixed input in the typical firm's short-run production function.

Question

Quizplus · Accepted Answer

In the short-run production function, a personal computer can be considered a variable input because firms can easily adjust the number of computers based on their production needs. Fixed inputs are those that cannot be easily changed in the short run, such as buildings or land.

Because It Is a Machine,a Personal Computer Should Be Treated