Inputs that cannot be easily varied during the time period under consideration are called:

CA Foundation · Business Economics · MTP · June 2024
Inputs that cannot be easily varied during the time period under consideration are called:
(A) A. short run inputs.
(B) B. long run inputs.
(C) C. fixed inputs.
(D) D. variable inputs.

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. fixed inputs.

Topics: Theory of Production and Cost

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic