A Fixed Factor Is a Factor of Production That Is

question 40

True/False

A fixed factor is a factor of production that is used in fixed proportion to the level of output.

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Definitions:

Humidifier

A device that adds moisture to the air to prevent dryness that may cause irritation in various parts of the body.

Argument Value

The actual input in a logical or mathematical argument or function, determining its outcome or output.

Credible

Capable of being believed; trustworthy.

Evidence

Information or data that supports or contradicts a hypothesis, theory, or claim, often used in reasoning or argumentation.