In Economics, the Short Run Is the Time Frame in Which

question 91

Multiple Choice

In economics, the short run is the time frame in which the quantities of ________ and the long run is the period of time in which ________.

• A) some factors of production are variable; the quantities of all factors of production are fixed
• B) all factors of production are variable but technology is fixed; technology is variable
• C) all factors of production are fixed; the quantities of all factors of production can be varied
• D) some factors of production are fixed; the quantities of all factors of production can be varied

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Definitions:

Dextrose

A simple sugar made from corn, chemically identical to glucose, and often used in baking and medical scenarios.

Dextrose

A form of glucose used in medical settings as a source of energy and fluids.