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9 Aug 2018
15) Plant refers to those factors of production A) that must be held in storage for at least one year. B) that have a decreasing marginal product as more of the factor is used. c) that are too expensive for the firm to purchase. D) that are fixed in the short run. E) which can be purchased only in fixed quantity lots.
15) Plant refers to those factors of production A) that must be held in storage for at least one year. B) that have a decreasing marginal product as more of the factor is used. c) that are too expensive for the firm to purchase. D) that are fixed in the short run. E) which can be purchased only in fixed quantity lots.
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