Which of the Following Statements Is False

question 288

Multiple Choice

Which of the following statements is false?

• A)The short run refers to a period of less than one year.
• B)In the long run, all inputs can vary in quantity.
• C)Firms may continue operating at a loss in the short run.
• D)In the long run, firms would not continue operating at a loss.

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Definitions:

Direction

Guidance or instructions on how to proceed with a task or to achieve a certain goal, often provided by someone in a leadership role.

Goals

Targets or objectives that individuals, teams, or organizations aim to achieve through concerted efforts.

Persistent Effort

Continuous and sustained exertion of effort towards achieving a certain goal or objective.

Motivation

The internal drive or process that energizes, steers, and sustains human behavior towards achieving personal or organizational goals.