Which of the Following Factors of Production Is Not Variable

question 33

Multiple Choice

Which of the following factors of production is not variable in the long run?

• A) the size of the firm's plant.
• B) property taxes on the assets of the firm.
• C) highly trained labor.
• D) All factors of production are variable in the long run.

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Definitions:

Conscious Marketing

An approach to marketing that focuses on making positive decisions that consider the welfare of customers, employees, community, and the environment.

Marketplace

A space, physical or digital, where buyers and sellers come together to transact goods and services.

Corporate Social Responsibility

A corporate strategy that includes social and environmental considerations into the business's day-to-day operations and their engagement with stakeholders.

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High-speed blending machines that use cyclonic action to pull ingredients towards the blades, ensuring a smooth and efficient blend.