An example of a variable factor of production in the short run is
A) a building.
B) capital equipment.
C) an employee.
D) land.
Question 2
The figure above shows supply curves for soft drinks. Suppose the economy is at point a. A movement to point c could be the result of
A) a decrease in technology.
B) a decrease in the relative price of a soft drink.
C) an increase in the relative price of a soft drink.
D) an increase in the money price of a soft drink.