The Short Run Is a Period of Time

question 76

Multiple Choice

The short run is a period of time:

• A) in which a firm uses at least one fixed input.
• B) that is long enough to permit changes in the firm's plant size.
• C) in which production occurs within one year.
• D) in which production occurs within six months.

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Definitions:

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Identical twins originating from one zygote that divides and develops into two embryos with virtually identical genetic information.

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To reduce or downplay the significance or impact of something.