Author Question: Which of the following would be considered a variable input in the short run? a. The size of a ... (Read 88 times)

joe · **on:** Jun 30, 2018

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. None of the above.

Question 2

Which of the following factors leads to a drastic rise in the price of assets?
a. Increased supply of assets
b. Increase in the market rate of interest
c. Reduced demand for money
d. Increased liquidity in the economy
e. Contractionary monetary and fiscal policies being undertaken by the government