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The production function of a restaurant includes items such as labor (i.e., cooks, waiters, a manager), capital (i.e., ovens, counters, tables, chairs, and a building), and land. In the short run, the owner of the restaurant will optimize production by employing a variable amount of _________ given a fixed amount of ___________.

a. labor, capital and raw materials

b. capital, labor and land

c. land, capital and labor

d. land, labor and raw materials

e. labor, capital and land

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91847962

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