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What is a fixed input? A factor of production which decreases as the level of production increases. A factor of production which decreases as the

What is a fixed input?

  • A factor of production which decreases as the level of production increases.
  • A factor of production which decreases as the level of production decreases.
  • A factor of production which cannot be changed in the short term.
  • A factor of production which cannot be changed in the long term.

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