Which of the Following Factors of Production Is Most Likely

question 21

Multiple Choice

Which of the following factors of production is most likely to be variable in the short run?

• A)capital equipment
• B)land
• C)labour
• D)entrepreneurship
• E)technology

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Definitions:

Bond Rating Services

Companies that evaluate the creditworthiness of both debt securities and their issuers, providing ratings that reflect the risk of default.

Dominion

A term that historically referred to a semi-autonomous polity that was part of the British Empire, now mostly used in the context of Canada.

Financial Market

A marketplace where buyers and sellers engage in the trade of assets such as equities, bonds, currencies, and derivatives.

Transparent

Characterized by openness, communication, and accountability, allowing for clear visibility into processes, operations, or transactions.