Which of the Following Is Most Likely a Long-Run Decision

question 114

Multiple Choice

Which of the following is most likely a long-run decision for a firm?

• A)The hours a store should stay open.
• B)How many warehouses to build.
• C)The number of workers to hire.
• D)The amount of inventory to stock.
• E)The price at which to sell the product.

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Definitions:

Passenger Cars

Vehicles designed primarily for the transport of passengers and their personal baggage, usually having four wheels and seating for up to eight people.

Pickup Trucks

A type of vehicle with an enclosed cab and an open cargo area with low sides and tailgate.

Service Charge

A fee collected for the provision of a service, often added to the cost of transactions in financial services.

Car Insurance

Car insurance is a contract between a vehicle owner and an insurance company, offering financial protection against loss or damage to the vehicle and liability against accidents involving the vehicle.