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Question Practice

Which scenario exemplifies a fixed factor in the short run?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Production And Costs
Question Bank

Which scenario exemplifies a f...

Single Answer MCQ
Q-00089420

Which scenario exemplifies a fixed factor in the short run?

1

Shortening production run

2

Reducing number of workers

3

A factory unable to change machinery

4

Using different raw materials

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What is the marginal product of labor (MPL)?

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