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In the long run TPP changes with the change in which of the following factors
  • a)
    Fixed factors
  • b)
    Variable factors
  • c)
    Economic cost
  • d)
    All the factors
Correct answer is option 'D'. Can you explain this answer?
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In the long run TPP changes with the change in which of the following ...
In the long run TPP changes with the change in all the factors  is the right option because total product can be change in long run production function. After change every situation because in long run production more time should be taken by performer.
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In the long run TPP changes with the change in which of the following ...
Yes, D is the right option because total product can be change in long run production function. After change every situation because in long run production more time should be taken by performer.
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In the long run TPP changes with the change in which of the following ...
In long run all factors become variable so production changes with change in all factors
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In the long run TPP changes with the change in which of the following factorsa)Fixed factorsb)Variable factorsc)Economic costd)All the factorsCorrect answer is option 'D'. Can you explain this answer?
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