The Short Run Is a Time Period of Insufficient Length

question 100

Multiple Choice

The short run is a time period of insufficient length for the firm to change its

• A) output.
• B) amount of labor employed.
• C) plant size and heavy equipment.
• D) price.

---

Definitions:

Electrons

Subatomic particles with a negative charge, found orbiting the nucleus of an atom.

Net Charge

The total electrical charge of an atom or molecule resulting from the gain or loss of electrons.

Gaseous State

One of the four fundamental states of matter, composed of particles that have neither a defined volume nor shape.

Shares Electrons

Refers to the covalent bonding between atoms, where electrons are shared between atoms to achieve a full outer shell and attain chemical stability.