Which of the Following Would Be Considered a Variable Input

question 138

Multiple Choice

Which of the following would be considered a variable input in the short run?

• A) The size of a firm's plant.
• B) The acreage of an apple farmer's orchard.
• C) The production capacity of a machine.
• D) None of the above.

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Definitions:

Scientific Observation

The process of gathering empirical data through the senses or instruments as a part of the scientific method.

Casual Watching

Engaging in the act of viewing content, such as television or videos, with no particular goal beyond entertainment or passing time.

Systematic

Methodical and organized in approach, often used to describe procedures that follow a fixed plan or system.

Resilience

The capacity to recover quickly from difficulties; toughness.