In the Long Run,a Firm Has No Factors of Production

question 8

Multiple Choice

In the long run,a firm has no factors of production that are

• A)variable.
• B)marginal.
• C)significant.
• D)taxable.
• E)fixed.

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Definitions:

Drum Cam

A rotating component designed to convert rotary motion into linear motion, typically featuring a cylindrical shape with a specific cam profile.

Cylindrical Cam

A rotating cylinder designed to convert rotary motion into linear motion of a follower by means of a contoured surface.

Reciprocating Machine Element

A component of machinery that moves back and forth or up and down, typically converting rotary motion into linear motion or vice-versa.

Rotating

Refers to an object or part that moves in a circle around an axis or point, commonly seen in machinery and mechanical devices.