In the Short Run

question 33

Multiple Choice

In the short run

• A)new firms may enter an industry.
• B)existing firms may change the quantity they are supplying.
• C)price and quantity supplied are absolutely fixed.
• D)quantity supplied is absolutely fixed.

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Definitions:

Negative Sides

The drawbacks or disadvantages associated with a particular situation, decision, or action.

Early Childhood Rules

Guidelines or standards established to shape and guide behavior and development in children during the early stages of their lives.

Dysfunctional

Characterized by abnormal or impaired functioning, especially in the context of social, behavioral, and emotional aspects.

Rigid Socially

A state or behavior that is inflexible and unadaptable in social situations, often leading to difficulty in interactions and relationships.