Answer to Question #74385 in Macroeconomics for tavarus sturrup

Question

In economics, the short run means a time period

Select one:
a. during which new firms are prohibited from entering the industry.
b. during which the firm is unable to change its plant size.
c. that is between one and five years.
d. during which firms are not allowed to change the amount of imported resources they use.

Answer 1

b. during which the firm is unable to change its plant size.