Which of the Following Can a Firm Do in the Long

question 138

Multiple Choice

Which of the following can a firm do in the long run but not in the short run?

• A)decrease the size of its physical plant
• B)reduce its rate of output by laying off workers
• C)increase its variable costs
• D)increase its use of raw materials

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Definitions:

Occasionally

Refers to something happening at irregular intervals or infrequently.

Orgasm

A peak moment of sexual pleasure accompanied by a release of sexual tension, often resulting in involuntary muscle contractions and ejaculation.

Sum

The result obtained by adding together different quantities, numbers, or elements.

Effects

The outcomes or changes that result from a particular cause or action.