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Diff btween fixed and variale factors??

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Diff btween fixed and variale factors??

Posted by Atul Sharma 7 years, 5 months ago

CBSE > Class 12 > Economics

2 answers

Lakshita Sharma 7 years, 5 months ago

Fixed factors remains fixed whether the business is earning profit or loss or the factors change or not and variable factors change according to the needs of the customers and according to the factors...Hope it helped...?

Shivani Vani 7 years, 5 months ago

.Fixed factor change in long term production not in short run production and where variable factor change in short run as well as long term also. .Fixed factor production example land, plant ,machinery? factory ,building extra Variable factor production example raw material labour etc.

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