A Firm Can Use a Given Plant More Intensively and It

question 172

Multiple Choice

A firm can use a given plant more intensively and it can change the size of a plant. When it uses a given plant more intensively, it is holding one factor __________ and therefore the time period of production is most likely the __________.

• A)fixed; short run
• B)fixed; long run
• C)more important than another; long run
• D)more important than another; short run

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