In the Long Run,a Firm Has No Factors of Production

question 8

Multiple Choice

In the long run,a firm has no factors of production that are

• A)variable.
• B)marginal.
• C)significant.
• D)taxable.
• E)fixed.

---

Definitions:

Offshoring

The relocation of business processes by a company or subsidiary to another country. Offshoring is different than outsourcing because the company retains control of the offshored processes.