The Period of Time Over Which at Least One Factor

question 131

Multiple Choice

The period of time over which at least one factor of production is fixed is called the

• A)very-short run.
• B)short run.
• C)long run.
• D)very-long run.
• E)immediate run.

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Definitions:

Audience

A group of listeners or viewers who participate in experiencing or attending an event, such as a performance, lecture, or broadcast.

Dawes Act

An 1887 law aimed at Americanizing indigenous peoples by dividing communal tribal land into individual allotments, leading to significant loss of indigenous lands.

Tribalism

A societal organization based on tribes or ethnic groups, often highlighting strong loyalty and social ties.