An input which cannot be varied in the short run is called a/an:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → Fixed input
An input that cannot be changed in the short run is a fixed input. An input that can be changed is a variable input.
NCERT (2026-27), Introductory Microeconomics, Glossary: “Fixed input – An input which cannot be varied in the short run is called a fixed input.” Glossary: “Variable input – An input the amount of which can be varied.” |