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e-lub [12.9K]
3 years ago
9

Pls help me answer these 2 questions for my Econ Test on Tuesday plzzzz!!!!

Business
1 answer:
Ainat [17]3 years ago
6 0

Answer:

1: A fixed resource is any resource that will always be available with a room arrangement where as Variable resources are electricity producers whose output amount and availability can vary due to the nature of fuel being used - for example, wind, solar, or run-of-river hydro. .

2: The short run is a period of time in which the quantity of at least one input is fixed and the quantities of the other inputs can be varied where as the long run is a period of time in which the quantities of all inputs can be varied.

Explanation:

hope it helps!

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