Which of the following would be a fixed input to an automobile firm?
A) steel
B) a plant in California
C) car batteries
D) engineers
Correct Answer:
Verified
Q10: The time period during at least one
Q11: A fixed resource is one that
A) is
Q12: For a hotdog vendor, the hotdog stand
Q13: Economists generally define the short run as
Q14: Mr.Hershey' company produces chocolate bars. Which is
Q16: McDonald's is a fast-food restaurant chain. Which
Q17: The long run is defined as the
Q18: For a hotdog vendor, the hotdog buns
Q19: In economics, how long is the long
Q20: The short run is
A) a year or
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