Suppose That a "Doggie Day Care" Firm Uses Only Two

question 164

Multiple Choice

Suppose that a "doggie day care" firm uses only two inputs: hourly workers (labor) and a building (capital) . In the short run, the firm most likely considers

• A)both labor and capital to be fixed.
• B)both labor and capital to be variable.
• C)labor to be variable and capital to be fixed.
• D)capital to be variable and labor to be fixed.

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