For a Restaurant

question 202

Multiple Choice

For a restaurant:

• A) labor and food would be variable factors of production.
• B) a building would be a fixed factor of production in the short run.
• C) fire insurance on a building would be a fixed factor of production.
• D) A and B are correct.

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Definitions:

Spider

A component within a differential of a vehicle that allows for the distribution of power to the wheels, enabling them to rotate at different speeds.

Hypoid Gears

Gears in which the gear faces are non-parallel and non-intersecting, allowing for smoother and quieter operation, typically used in automotive rear axles.

EP Rated

Stands for Extreme Pressure Rated, indicating that a lubricant or oil has additives that provide protection under high pressure and load conditions.

Crown Gear Teeth

The projections on the circumference of a crown gear that mesh with other gear components to transmit torque.