With Regard to Economic Decision Making for Firms,the Short Run

question 103

Multiple Choice

With regard to economic decision making for firms,the short run is

• A)a definite number of months.
• B)a period over which the quantities of all factors of production and technology are variable.
• C)a period over which the quantity of at least one significant factor of production is fixed.
• D)a period over which the quantities of all factors of production are variable but technology is fixed.
• E)less than one year.

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