Which Statement Is True

question 35

Multiple Choice

Which statement is true?

• A)Going out of business is a short run option.
• B)Operating or shutting down are long run options.
• C)Going out of business or not going out of business are long run options.

---

Definitions:

Competence Requirement

The necessary skills, knowledge, and abilities required to successfully perform a job or task.

Defendants

Individuals, companies, or entities accused in a legal proceeding of committing an unlawful act.

Adequate Defense

Adequate defense refers to a sufficient legal strategy or argument used to protect oneself in a court of law or against any accusation.

Lawyers

Professionals who are qualified to give legal advice and to represent individuals and organizations in legal matters.