Plant Refers to Those Factors of Production

question 10

Multiple Choice

Plant refers to those factors of production

• A)that are too expensive for the firm to purchase.
• B)that must be held in storage for at least one year.
• C)that are fixed in the short run.
• D)that have a decreasing marginal product as more of the factor is used.
• E)which can be purchased only in fixed quantity lots.

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Definitions:

Watery Clear

A liquid that is transparent and free of any clouds or particles.

Large Intestine

The final section of the digestive system, responsible for water absorption and the formation of feces.

Stool Impaction

A condition where hard, dry bowel movements are packed tightly in the intestine or rectum, making them difficult to pass.

Sigmoid Colostomy

A surgical procedure that brings a portion of the sigmoid colon to the surface of the abdomen to create a stoma for waste expulsion.