The Short Run Is

question 187

Multiple Choice

The short run is

• A) less than one year.
• B) the time frame in which all resources are fixed.
• C) the time frame in which some resources are fixed.
• D) the time frame in which output is fixed.
• E) a time frame short enough so that some costs are explicit costs.

---

Definitions:

Transgenic Organisms

Organisms that have been genetically modified to contain DNA from an external species.

Gene Expression

The process by which information from a gene is used to synthesize a functional gene product, often a protein.

Genetic Diseases

Disorders caused by abnormalities in an individual’s DNA, often leading to dysfunctions in health and development.

Gene Therapy

Any of a variety of methods designed to correct a disease or alleviate its symptoms through the introduction of normal, therapeutic genes into the affected person’s cells.