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Which of the following is a factor of production that generally is fixed in the
short run?
water
labor
a factory building
raw materials

Ask by French Barrett. in the United States
Mar 28,2025

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A factory building is a fixed factor of production in the short run.

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A factory building is a classic example of a fixed factor of production in the short run. While businesses can hire and lay off labor as needed, a factory itself requires a longer-term commitment and cannot be quickly changed to meet varying production demands. Essentially, once a factory is built, it’s there to stay until significant adjustments are made.
On the other hand, raw materials are variable factors of production since they can be quickly obtained, added, or depleted according to production requirements. You can stock up on supplies for busy seasons or scale back during quieter times, making raw materials a flexible aspect of production unlike the trusty old factory!

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