In the Long Run,the Firm ________ Change the Number of Workers

question 138

Multiple Choice

In the long run,the firm ________ change the number of workers it employs and ________ change the size of its plant.

• A) can; can
• B) can; cannot
• C) cannot; can
• D) cannot; cannot
• E) In order to answer the question more information is needed about how long is the long run.

---

Definitions:

Statistical Analyses

The techniques used to interpret, describe, and make inferences from data sets, often involving mathematical calculations.

Inductive Reasoning

A method of reasoning in which general conclusions are drawn from specific observations or instances.

Probabilistic Conclusions

Inferences or outcomes derived from reasoning that incorporate the principles of probability, often used in scenarios where outcomes are uncertain.

Empirical Arguments

Arguments based on observed and recorded evidence.