Minneapolis business Rogue Chocolatier sells specialty chocolate bars with a high cocoa content. Most chocolate companies use already processed chocolate to craft their sweets. But Rogue buys raw cocoa beans, and roasts and grinds them until they're in a liquid state and then runs the chocolate through a big squat machine with rollers. Which statement is TRUE for Rogue?
A) Raw cocoa beans are a variable factor of production and the machine is a fixed factor of production.
B) Both processed chocolate and raw cocoa beans are variable factors of production.
C) Processed chocolate is a variable factor of production and the machine is a fixed factor of production.
D) Processed chocolate and raw cocoa beans are variable factors of production and the machine is a fixed factor of production.

Question

Quizplus · Accepted Answer

Raw cocoa beans are the main ingredient in chocolate, and the machine is used to process the beans into chocolate. The amount of cocoa beans used and the amount of time the machine is used are both variable factors of production, as they can be changed to produce different amounts of chocolate.

Minneapolis Business Rogue Chocolatier Sells Specialty Chocolate Bars with a High