Which of the Following Situations Describes a Short-Run Adjustment of a Firm

question 150

Multiple Choice

Which of the following situations describes a short-run adjustment of a firm to changing business conditions?

• A) A doctor increases the size of his waiting room.
• B) A manager calls in two part-time workers to prepare for the holiday rush.
• C) A rancher sells some of his land.
• D) A manufacturing firm expands its production facility.

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Definitions:

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