Examlex
Which of the following is not an example of a factor of production?
Capacity
The maximum level of output that a company can sustain to make a product or provide a service, given available resources.
Operating Loss
A financial situation where a business's operating expenses exceed its revenues.
Variable Cost
Expenses that change in proportion with the production activity of a business.
Fixed Costs
Costs that do not change with the level of production or sales, such as rent, salaries, or insurance.
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