Which of the Following Is a Long-Run Adjustment

question 165

Multiple Choice

Which of the following is a long-run adjustment?

• A)A new economics professor is hired on campus.
• B)General Motors increases its orders for steel.
• C)Microsoft cuts back its hiring of new graduates.
• D)Glow Electric disassembles one of its nuclear power plants.
• E)Texaco buys more crude oil to refine into gasoline.

---

Definitions:

Linear Process

A linear process is a sequential procedure that follows a straight, fixed series of steps to achieve a particular outcome or goal.

Communication Problem

Challenges or issues faced during the process of transmitting information from sender to receiver.

Personal Communication

Exchange of information and ideas between individuals through verbal, non-verbal, or written means on a personal level.

Work Relationships

Interpersonal associations formed between colleagues within a workplace, influencing the work environment and productivity.