The Assumption of a Fixed Number of Firms Is Appropriate

question 278

Multiple Choice

The assumption of a fixed number of firms is appropriate for analysis of

• A)the short run but not the long run.
• B)the long run but not the short run.
• C)both the short run and the long run.
• D)neither the short run nor the long run.

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Definitions:

Mitchell Thomashow

An environmental educator and author known for his work on ecological identity and environmental learning.

System Use

The manner in which a system, such as a software application or a technological device, is employed by users to achieve specific objectives.

Ecotechnologies

Innovative applications that utilize ecological principles and practices to solve environmental problems and improve the health of the planet.