Asked by anonymous
For a car dealership, what is the fixed factor of production that defines the short run.
I think this is the building. Is that correct?
I think this is the building. Is that correct?
Answers
Answered by
Ms. Sue
First, "college" is NOT your school subject.
I'd include all of the expenses of the building -- utilities, rent or mortgage payments, and taxes.
I'd include all of the expenses of the building -- utilities, rent or mortgage payments, and taxes.
Answered by
anonymous
Oops. Didn't even look at the subject. Thanks or pointing that out :-)
Answered by
bobpursley
I would go with size of car lot, that defines the numbers of cars one can sell.
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