In the Short Run, Output

question 192

Multiple Choice

In the short run, output

• A)can be varied by changing the size of factories.
• B)can be varied by changing the amount of equipment in factories.
• C)can be varied by using the factories and equipment in the industry with more or less of other inputs.
• D)cannot be varied because inputs are fixed.

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Definitions:

Unsystematic

Lacking a plan, method, or coherence, often referring to information or actions that are disorganized or random.

Rigid

Describes an inability or unwillingness to adapt or change one's thoughts, behaviors, or attitudes despite new information or changing circumstances.

Behavior Therapy

A type of psychotherapy that focuses on changing undesirable behaviors through conditioning techniques.

Social Psychology

The scientific study of how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.