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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?


Definitions:

Coercive

A form of power or influence that involves forcing someone to do something through threats or pressure.

Reward

Something given in recognition of service, effort, or achievement.

Expert

An individual with extensive knowledge or skill in a particular area or field.

Legitimate

Something that is lawful, rightful, and in accordance with established rules, often used to describe power or authority.

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