The Period of Time Over Which All Factors of Production

question 34

Multiple Choice

The period of time over which all factors of production and technology are variable is known as the

• A)very- long run.
• B)short run.
• C)very- short run.
• D)long run.

---

Definitions:

Need for Rest

A physiological and psychological requirement for periods of rest or sleep to recover from activity and maintain health.

Social Motives

Social motives are driving forces behind individuals' behaviors that stem from the need for social interaction, acceptance, and belonging within a group or society.

Relationships

The connections, associations, or interactions between individuals or groups.

Inborn Predisposition

Natural tendencies or inclinations present at birth that influence behavior, preferences, or susceptibilities.