To an Economist, for a Firm to Be Operating in the Long

question 32

Multiple Choice

To an economist, for a firm to be operating in the long run,

• A) all inputs are variable.
• B) some inputs are fixed
• C) only one input can be variable.
• D) no more than one input can be fixed.
• E) at least one input must be variable.

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Definitions:

Muscle Tremors

Involuntary, rhythmic muscle contractions that result in shaking movements in one or more parts of the body.

Delusions

False beliefs held despite strong evidence against them, often a symptom of psychological disorders.

Persecution

The act of persistently harassing or oppressing someone, often due to their beliefs or identity.

Paranoia

A psychological condition characterized by delusions of persecution or grandeur, often without a plausible basis.