Which of the Following Is a Factor of Production That

question 232

Multiple Choice

Which of the following is a factor of production that generally is fixed in the short run?

• A)raw materials
• B)labor
• C)a factory building
• D)water

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Definitions:

Market Value

The cost existing in the marketplace for trading an asset or service.

Rights Offering

A financial mechanism allowing current shareholders the opportunity to purchase additional shares directly from the company at a predetermined price, often at a discount to the market price.

Initial Public Offering

An Initial Public Offering (IPO) is the first sale of a company's shares to the public, marking a transition from a private to a publicly traded company.

Underwriter

A person or company that evaluates and takes on financial risk, often seen in the context of issuing insurance policies or in the evaluation and sale of securities in an initial public offering (IPO).