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Author Question: An input is indivisible if: (Read 49 times)

Chloeellawright

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on: Jul 20, 2019
An input is indivisible if:
◦ it cannot be used as a substitute for other inputs in the production process.
◦ it is sufficiently inexpensive to purchase that firms will want to buy as much as they can.
◦ it cannot be scaled down to produce a smaller quantity of output.
◦ it cannot be increased to produce a larger quantity of output.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by Chloeellawright on Jul 20, 2019

kristenb95

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Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Chloeellawright

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Reply 2 on: Jul 20, 2019
:D TYSM

vickyvicksss

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Reply 3 on: Yesterday
Excellent

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