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Answer to Question #81059 in Microeconomics for STEPHEN ACKON

Question #81059
In economics, "the long run" is referred to as
[1] a period in which the amounts of labour are fixed.
[2] a period in which the amounts of capital are variable.
[3] a period in which the amounts of all factors of production can be changed.
[4] a period in which the amounts of all factors of production are fixed.
1
Expert's answer
2018-09-19T11:48:09-0400
3] a period in which the amounts of all factors of production can be changed.

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