Which of the Following Would Be Considered a Variable Input

question 176

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)All of the above.
• E)None of the above.

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Definitions:

Leadership

Leadership is the ability to guide, influence, or inspire individuals or groups to achieve collective goals.

Coercive Power

A form of power that is based on the ability to deliver punishments or impose penalties to influence others.

Referent Power

A form of influence based on the leader’s personal relationships with others, where followers identify with, like, or respect the leader.

Legitimate Power

A form of authority where power is used based on a person's organizational role or position rather than personal qualities or abilities.