Question #224682
How long is "the short" run in economics?
A. one year or less
B. the time in which all inputs are variable
C. a period in which the quantity of at least one input is fixed and the quantities of the other inputs can be varied
D. a period in which all inputs are fixed
A. one year or less
B. the time in which all inputs are variable
C. a period in which the quantity of at least one input is fixed and the quantities of the other inputs can be varied
D. a period in which all inputs are fixed
Expert's answer
C.
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#339914 on Dec 2023
#339914 on Dec 2023
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