Which of the Following Is the Best Example of a Long-Run

question 136

Multiple Choice

Which of the following is the best example of a long-run decision?

• A) An automobile manufacturing company considering whether to invest in robotic equipment to develop a more cost-effective production technique.
• B) An automobile manufacturing company considering whether to expand its existing workforce while keeping the same factory and equipment.
• C) A business consulting firm considering whether to hire some interns to assist with research and data processing.
• D) A business consulting firm considering whether to add new computers while maintaining the same number of employees.

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Definitions:

Shallow Earthquakes

Earthquakes that occur at a depth of less than 70 kilometers below the Earth's surface.

Continental Collision

A geological process where two continental plates collide, typically resulting in the formation of mountain ranges.

Southeastern Asia

A subregion of Asia, located to the east of the Indian subcontinent and south of China, known for its diverse cultures, languages, and ecosystems.

Tibet

An autonomous region located in the southwestern part of China, known for its vast plateau, mountain ranges, and as the traditional homeland of the Tibetan people.