In the Short Run,some Prices Are Inflexible

question 97

Multiple Choice

In the short run,some prices are inflexible.Most often,the prices that are inflexible are

• A) output prices.
• B) energy prices.
• C) food prices.
• D) product prices.
• E) wages for workers.

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Definitions:

Hydrogenation

A chemical process that adds hydrogen atoms to unsaturated fats, turning them into saturated fats, often used in food production to increase shelf life.

Saturation

A term that may refer to the point at which a solution can absorb no more of a substance or when an object is fully soaked with a liquid.

Osteoporosis

A bone disease that occurs when the body loses too much bone, makes too little bone, or both, leading to fragile and easily broken bones.

Calcium Deficiency

A state where the body lacks enough calcium, leading to weakened bones and other health issues.