Question

Write one example of variable factor.​

Answer 1

Explanation:

Variable factors are those that do change with output, which means more are employed when production increases, and less when production decreases. Typical variable factors include labour, energy, and raw materials directly used in production.

Answer 2

Answer:

Variable factors are those factor inputs which change with the change with the change of output in the short run. Raw materials, labour, fuel, power etc. are the examples of variable factors. ... Similarly if it wants to contract output, then it can retrench workers, purchase less of raw materials and fuel etc.