A Factor of Production Whose Quantity Cannot Be Changed During

question 165

Multiple Choice

A factor of production whose quantity cannot be changed during a particular period is a:

• A) marginal factor of production.
• B) fixed factor of production.
• C) incremental factor of production.
• D) variable factor of production.

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Definitions:

Blastocyst

An early stage of embryonic development in mammals; a structure formed in the early development of mammals. It possesses an inner cell mass, which subsequently forms the embryo.

Conception

The process of fertilization where a sperm cell unites with an egg cell, leading to the formation of a zygote.

Dependency

A state of relying on or being controlled by someone or something else.

Cultural Transmission

The process by which norms, values, knowledge, and skills are passed from one generation to the next within a society.