Examlex
The CIO of Presto Inc.is concentrating more on what can be done in the future and on the new technologies being developed.This is known as ____.
Short Run
In microeconomics, a period of time in which producers are able to change the quantities of some but not all of the resources they employ; a period in which some resources (usually plant) are fixed and some are variable.
Profits
The financial gain realized when the revenue generated from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.
Long Run
In microeconomics, a period of time long enough to enable producers of a product to change the quantities of all the resources they employ, so that all resources and costs are variable and no resources or costs are fixed.
Production Plant
A facility or set of facilities where goods are manufactured or assembled primarily from raw materials.
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