Which of the following is most likely to be a variable factor of production at a university?
A) The number of teaching assistants.
B) The size of the basketball arena or football stadium.
C) The school mascot.
D) The location of the university.
Correct Answer:
Verified
Q41: Suppose 30 employee-hours can produce 50 units
Q42: This phone center uses only equipment
Q43: Assume that a firm uses 13 employee-hours
Q44: One reason that variable factors of production
Q45: A variable factor of production:
A)is fixed in
Q47: To produce 150 units of output,the firm
Q47: Marginal cost is calculated as:
A)total revenue minus
Q50: The location of a firm will be
Q51: This phone center uses only equipment
Q56: If a firm spends $400 to produce
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents