The Short Run Is

question 119

Multiple Choice

The short run is

• A)a period of time in which all inputs are fixed.
• B)a period of time in which all inputs are variable.
• C)a period of time in which some inputs are fixed.
• D)always less than a year.

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Definitions:

Grams

A metric unit of mass equal to one thousandth of a kilogram.

Pupil

The part of the eye located in the center of the iris that controls the amount of light entering the eye.

Iris

The colored part of the eye surrounding the pupil, responsible for controlling the amount of light reaching the retina.

Eyeball

The organ of vision that receives light and images, enabling sight.