Question

Candice is a jewelry shop owner, specializing in beaded necklaces. For each of the following inputs, indicate which items are variable inputs as opposed to fixed inputs in the long run.

Answer 1

1) upper management salaries is a variable input

2) hourly labor is a variable input

3) shipping is a variable input

4) two-year lease on office & retail space is a variable input

5) chairs is a variable input
6) computers is a variable input

7) beads is a variable input.

Step-by-step explanation:

Since every component is calculated using a variable input, no fixed input would be taken into account.