One Reason That Variable Factors of Production Tend to Show

question 101

Multiple Choice

One reason that variable factors of production tend to show diminishing returns in the short run is that:

• A)capital equipment is often idle in the short run.
• B)there is only so much that can be produced using additional variable inputs when some factors of production are fixed.
• C)large firms cannot effectively manage their resources.
• D)the cost of employing additional resources increases as firms employ more of those resources.

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Definitions:

Meaningful Work

Employment perceived as having significance and purpose, contributing positively to the individual and society.

Workplace Spirituality

A framework where individuals connect to their inner selves while embracing their work tasks with a sense of purpose and meaning.

Shared Community

A group of individuals with common interests, values, or goals who collaborate and support each other.

Organizational Ethics

The principles and standards that guide behavior within the context of a business or organization.