-Refer to Figure 8

question 12

Multiple Choice

-Refer to Figure 8.3.Suppose the firm increases output from 20 to 30 units.In the short run,

• A) The firm will employ the same amounts of labour and capital as it would in the long run
• B) The firm will employ 5 more workers and 2 less units of capital than it would in the long run
• C) The firm will employ 5 fewer workers and 2 more units of capital than it would in the long run
• D) Then firm will produce the output at a lower cost than it can in the long run